new results with brown patents control
Laura Menicacci
2024-03-22
Models comparison
- Technology classes: climate change mitigation technologies, energy, solar, wind
- Y: Levels, Logs+1, IHS, Max normalization by technology
- Controls: gdp, pop, brown patents
- Auto-regressive term = 1
- IIS=ON
- p-val = 0.01, 0.05
- Sample: top 25 patenting countries (by mean)
- Time series: 2000-2019
Ccmt
Count Ccmt
0.01
Formula: count_ccmt~ gdp + pop + brown_patents
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Fri Mar 22 14:26:10 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 8.6999e-01 1.1114e-02 78.2797 < 2.2e-16 ***
gdp -8.1168e-14 1.4945e-13 -0.5431 0.5873534
pop 1.1476e-07 1.9239e-07 0.5965 0.5511804
brown_patents 6.8907e-01 4.3532e-02 15.8288 < 2.2e-16 ***
idAUT 1.1208e+01 2.4695e+01 0.4539 0.6501665
idBEL -6.1524e+00 2.4660e+01 -0.2495 0.8031053
idBRA -4.4339e+01 4.1398e+01 -1.0711 0.2847768
idCAN -1.4967e+01 2.4990e+01 -0.5989 0.5495526
idCHE 6.6858e+00 2.4705e+01 0.2706 0.7868177
idCHN 1.0775e+01 2.5101e+02 0.0429 0.9657817
idDEU 2.0421e+02 4.5371e+01 4.5010 8.836e-06 ***
idDNK 2.0036e+01 2.4769e+01 0.8089 0.4190452
idESP -6.1955e+00 2.4958e+01 -0.2482 0.8040742
idFIN -1.8237e+01 2.4808e+01 -0.7351 0.4626791
idFRA 4.2113e+01 2.7364e+01 1.5390 0.1245815
idGBR 1.4154e+01 2.6471e+01 0.5347 0.5931361
idIND -1.3466e+02 2.3266e+02 -0.5788 0.5630660
idISR 1.5201e+00 2.4714e+01 0.0615 0.9509864
idITA 1.1469e+01 2.5632e+01 0.4475 0.6547833
idJPN 8.2225e+02 9.0267e+01 9.1091 < 2.2e-16 ***
idKOR 3.7285e+02 1.6905e+02 2.2056 0.0279679 *
idNLD 9.1319e+00 2.4616e+01 0.3710 0.7108525
idNOR -5.0474e+01 2.5014e+01 -2.0179 0.0442578 *
idRUS -6.3363e+01 3.4248e+01 -1.8501 0.0650228 .
idSGP -1.8766e+01 2.4829e+01 -0.7558 0.4502035
idSWE 8.9654e+00 2.4689e+01 0.3631 0.7166933
idTWN 8.0732e+01 2.4948e+01 3.2360 0.0013110 **
idUSA -5.7664e+01 7.8544e+01 -0.7342 0.4632745
time2001 -5.7588e+00 2.3080e+01 -0.2495 0.8030915
time2002 -2.0174e+01 2.3064e+01 -0.8747 0.3822536
time2003 4.1740e+00 2.3074e+01 0.1809 0.8565397
time2004 3.3194e+01 2.3081e+01 1.4381 0.1511593
time2005 2.4798e+01 2.3075e+01 1.0746 0.2831756
time2006 2.5483e+01 2.3086e+01 1.1038 0.2703129
time2007 4.6014e+01 2.3300e+01 1.9748 0.0489600 *
time2008 5.3460e+01 2.3409e+01 2.2838 0.0228975 *
time2009 6.1871e+01 2.3755e+01 2.6046 0.0095346 **
time2010 8.2490e+01 2.3754e+01 3.4726 0.0005705 ***
time2011 2.2694e+01 2.3923e+01 0.9486 0.3433774
time2012 1.3000e+01 2.4035e+01 0.5409 0.5888793
time2013 -4.6662e+01 2.3970e+01 -1.9466 0.0522643 .
time2014 -1.0300e+01 2.3981e+01 -0.4295 0.6677863
time2015 -8.1655e+00 2.4150e+01 -0.3381 0.7354543
time2016 2.6579e+01 2.3832e+01 1.1153 0.2653897
time2017 4.6274e+01 2.4114e+01 1.9190 0.0556835 .
time2018 4.6804e+01 2.4027e+01 1.9480 0.0520997 .
time2019 -1.7683e+01 2.4326e+01 -0.7269 0.4676882
iis130 8.1220e+02 8.2238e+01 9.8762 < 2.2e-16 ***
iis131 7.0619e+02 8.4617e+01 8.3457 1.108e-15 ***
iis132 5.6165e+02 8.7449e+01 6.4226 3.734e-10 ***
iis133 4.9638e+02 9.0266e+01 5.4991 6.746e-08 ***
iis312 -5.3835e+02 8.0306e+01 -6.7038 6.778e-11 ***
iis313 4.6522e+02 8.0790e+01 5.7585 1.672e-08 ***
iis314 1.7454e+03 8.0101e+01 21.7896 < 2.2e-16 ***
iis315 9.9309e+02 8.1521e+01 12.1821 < 2.2e-16 ***
iis323 -1.2462e+03 8.1405e+01 -15.3085 < 2.2e-16 ***
iis332 3.0489e+02 9.1629e+01 3.3274 0.0009561 ***
iis338 -5.7024e+02 8.2326e+01 -6.9266 1.686e-11 ***
iis340 -5.3773e+02 8.4339e+01 -6.3758 4.931e-10 ***
iis463 3.4790e+02 8.3396e+01 4.1716 3.697e-05 ***
iis470 -1.5204e+03 1.0163e+02 -14.9595 < 2.2e-16 ***
iis471 -5.3815e+02 9.4375e+01 -5.7022 2.273e-08 ***
fesisDEU.2006 3.3236e+02 4.7990e+01 6.9257 1.696e-11 ***
fesisDEU.2012 -2.7994e+02 4.2253e+01 -6.6254 1.097e-10 ***
fesisKOR.2009 4.6000e+02 7.8263e+01 5.8775 8.663e-09 ***
fesisUSA.2005 4.9303e+02 5.4850e+01 8.9886 < 2.2e-16 ***
fesisUSA.2013 -6.9755e+02 5.0060e+01 -13.9344 < 2.2e-16 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 4.0946 1 0.04302 *
Ljung-Box ARCH(1) 52.1586 1 5.119e-13 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 75.69006
R-squared 0.99871
Log-lik.(n=475) -2695.65305 0.05
Formula: count_ccmt~ gdp + pop + brown_patents
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Fri Mar 22 14:26:08 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 8.7835e-01 1.4358e-02 61.1734 < 2.2e-16 ***
gdp 4.0631e-13 1.7537e-13 2.3168 0.0210245 *
pop -4.4575e-08 1.6094e-07 -0.2770 0.7819495
brown_patents 6.7503e-01 3.8324e-02 17.6139 < 2.2e-16 ***
idAUT 9.4268e+00 1.9977e+01 0.4719 0.6372681
idBEL -6.7948e+00 1.9948e+01 -0.3406 0.7335656
idBRA -1.6289e+01 3.4323e+01 -0.4746 0.6353399
idCAN -1.4268e+01 2.0288e+01 -0.7033 0.4822982
idCHE 4.8403e+00 1.9981e+01 0.2422 0.8087168
idCHN 1.9445e+02 2.0864e+02 0.9320 0.3519060
idDEU 1.9609e+02 4.0668e+01 4.8216 2.034e-06 ***
idDNK 1.6749e+01 2.0055e+01 0.8352 0.4041293
idESP -2.0345e+00 2.0207e+01 -0.1007 0.9198569
idFIN -1.9452e+01 2.0077e+01 -0.9689 0.3331922
idFRA 4.3895e+01 2.3155e+01 1.8957 0.0587339 .
idGBR 1.7491e+01 2.1868e+01 0.7998 0.4242844
idIND 1.7379e+01 1.9262e+02 0.0902 0.9281529
idISR -1.9660e-01 1.9989e+01 -0.0098 0.9921576
idITA 1.6191e+01 2.0816e+01 0.7778 0.4371414
idJPN 3.4929e+02 9.8494e+01 3.5463 0.0004374 ***
idKOR -1.8598e+02 1.9622e+02 -0.9478 0.3437881
idNLD 7.9873e+00 1.9937e+01 0.4006 0.6889143
idNOR -5.2046e+01 2.0349e+01 -2.5577 0.0109092 *
idRUS -7.8798e+01 2.8679e+01 -2.7476 0.0062780 **
idSGP -1.9665e+01 2.0130e+01 -0.9769 0.3292192
idSWE 5.5874e+00 1.9981e+01 0.2796 0.7798991
idTWN 7.7942e+01 2.0644e+01 3.7756 0.0001841 ***
idUSA 4.0768e+01 6.8440e+01 0.5957 0.5517349
time2001 6.9421e+00 1.8810e+01 0.3691 0.7122685
time2002 -9.0556e+00 1.8779e+01 -0.4822 0.6299194
time2003 1.0791e+01 1.8982e+01 0.5685 0.5700166
time2004 3.1949e+01 1.8741e+01 1.7047 0.0890291 .
time2005 2.6579e+01 1.8701e+01 1.4212 0.1560376
time2006 2.5473e+01 1.8701e+01 1.3622 0.1739239
time2007 4.2313e+01 1.8911e+01 2.2375 0.0258095 *
time2008 5.1875e+01 1.9002e+01 2.7299 0.0066182 **
time2009 6.6887e+01 1.9291e+01 3.4673 0.0005833 ***
time2010 6.4091e+01 1.9574e+01 3.2742 0.0011527 **
time2011 2.6010e+01 1.9717e+01 1.3192 0.1878796
time2012 2.1382e+01 1.9906e+01 1.0742 0.2833993
time2013 -3.1172e+01 1.9703e+01 -1.5821 0.1144232
time2014 -1.5644e+01 1.9573e+01 -0.7992 0.4246268
time2015 -1.3360e+01 1.9675e+01 -0.6790 0.4975212
time2016 -6.8910e-01 1.9739e+01 -0.0349 0.9721680
time2017 4.6721e+01 1.9724e+01 2.3687 0.0183278 *
time2018 4.7877e+01 1.9709e+01 2.4292 0.0155750 *
time2019 1.6268e+00 2.0153e+01 0.0807 0.9357040
iis130 8.2742e+02 6.7415e+01 12.2735 < 2.2e-16 ***
iis131 6.8334e+02 7.2072e+01 9.4814 < 2.2e-16 ***
iis132 5.3041e+02 7.6806e+01 6.9058 1.997e-11 ***
iis133 4.4063e+02 8.1240e+01 5.4239 1.017e-07 ***
iis146 -2.4602e+02 8.8381e+01 -2.7837 0.0056322 **
iis307 1.6358e+02 7.0728e+01 2.3128 0.0212478 *
iis313 5.3322e+02 7.5958e+01 7.0200 9.699e-12 ***
iis314 1.8214e+03 7.2619e+01 25.0812 < 2.2e-16 ***
iis315 1.0319e+03 6.7615e+01 15.2609 < 2.2e-16 ***
iis320 2.4599e+02 6.8093e+01 3.6125 0.0003423 ***
iis323 -1.2439e+03 6.7703e+01 -18.3735 < 2.2e-16 ***
iis338 -8.1679e+02 8.9113e+01 -9.1658 < 2.2e-16 ***
iis340 -3.2188e+02 7.8060e+01 -4.1235 4.549e-05 ***
iis459 -3.1932e+02 7.2339e+01 -4.4142 1.309e-05 ***
iis463 3.8344e+02 6.8394e+01 5.6064 3.880e-08 ***
iis466 1.8886e+02 6.8995e+01 2.7372 0.0064751 **
iis470 -1.5363e+03 8.2997e+01 -18.5104 < 2.2e-16 ***
iis471 -5.5194e+02 7.7762e+01 -7.0978 5.899e-12 ***
iis473 -1.6452e+02 7.0774e+01 -2.3246 0.0205959 *
fesisDEU.2006 3.3189e+02 4.0387e+01 8.2178 2.984e-15 ***
fesisDEU.2012 -4.0458e+02 6.8757e+01 -5.8842 8.524e-09 ***
fesisDEU.2014 2.7327e+02 6.8841e+01 3.9696 8.550e-05 ***
fesisDEU.2019 -4.6958e+02 6.9013e+01 -6.8043 3.768e-11 ***
fesisJPN.2003 2.4518e+02 5.5094e+01 4.4502 1.117e-05 ***
fesisJPN.2008 -5.9128e+02 7.0159e+01 -8.4277 6.606e-16 ***
fesisJPN.2009 4.8078e+02 7.3986e+01 6.4982 2.446e-10 ***
fesisKOR.2009 5.8880e+02 6.3775e+01 9.2325 < 2.2e-16 ***
fesisKOR.2011 -3.7314e+02 6.1547e+01 -6.0627 3.123e-09 ***
fesisKOR.2015 2.1842e+02 7.5187e+01 2.9050 0.0038780 **
fesisKOR.2017 -5.1904e+02 7.9611e+01 -6.5197 2.149e-10 ***
fesisUSA.2005 3.7601e+02 5.4775e+01 6.8646 2.586e-11 ***
fesisUSA.2013 -6.4999e+02 4.7521e+01 -13.6779 < 2.2e-16 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 9.2371 1 0.002372 **
Ljung-Box ARCH(1) 3.4578 1 0.062955 .
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 61.19593
R-squared 0.99918
Log-lik.(n=475) -2588.68416 Log Count Ccmt
0.01
Formula: log_count_ccmt~ lgdp + lpop + lbrown
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Fri Mar 22 14:27:17 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.662387 0.023167 28.5922 < 2.2e-16 ***
lgdp 0.355062 0.069223 5.1292 4.511e-07 ***
lpop -0.323193 0.207356 -1.5586 0.1198597
lbrown 0.020836 0.009956 2.0928 0.0369815 *
idAUT 0.127741 0.182654 0.6994 0.4847265
idBEL -0.040446 0.137187 -0.2948 0.7682815
idBRA -0.187672 0.452636 -0.4146 0.6786393
idCAN 0.178876 0.116292 1.5382 0.1247864
idCHE -0.158900 0.193350 -0.8218 0.4116573
idCHN 0.548051 0.813385 0.6738 0.5008266
idDEU 0.893091 0.286299 3.1194 0.0019409 **
idDNK -0.791786 0.289455 -2.7354 0.0065023 **
idESP 0.187179 0.180917 1.0346 0.3014657
idFIN 0.169739 0.268116 0.6331 0.5270383
idFRA 0.569899 0.241342 2.3614 0.0186778 *
idGBR 0.514404 0.237722 2.1639 0.0310538 *
idIND -0.173039 0.793568 -0.2181 0.8274981
idISR -0.350857 0.208981 -1.6789 0.0939402 .
idITA 0.314704 0.223458 1.4083 0.1597950
idJPN -0.543870 0.416062 -1.3072 0.1918875
idKOR -1.465388 0.416747 -3.5163 0.0004869 ***
idNLD 0.176301 0.079728 2.2113 0.0275712 *
idNOR -1.238399 0.328035 -3.7752 0.0001837 ***
idRUS -1.251074 0.404935 -3.0896 0.0021421 **
idSGP -0.771283 0.307978 -2.5043 0.0126581 *
idSWE -0.706817 0.204242 -3.4607 0.0005958 ***
idTWN 0.412623 0.074038 5.5731 4.561e-08 ***
idUSA 0.889619 0.527699 1.6858 0.0925924 .
time2001 -2.735544 3.276261 -0.8350 0.4042306
time2002 -2.749420 3.277035 -0.8390 0.4019638
time2003 -2.674285 3.278780 -0.8156 0.4151863
time2004 -2.639875 3.279118 -0.8051 0.4212573
time2005 -2.623569 3.279152 -0.8001 0.4241338
time2006 -2.562583 3.280877 -0.7811 0.4352175
time2007 -2.523048 3.282123 -0.7687 0.4425027
time2008 -2.509296 3.282766 -0.7644 0.4450809
time2009 -2.455643 3.283557 -0.7479 0.4549760
time2010 -2.430268 3.284312 -0.7400 0.4597493
time2011 -2.441990 3.285334 -0.7433 0.4577287
time2012 -2.500366 3.286473 -0.7608 0.4472139
time2013 -2.572231 3.287534 -0.7824 0.4344230
time2014 -2.555304 3.289820 -0.7767 0.4377689
time2015 -2.581356 3.291595 -0.7842 0.4333634
time2016 -2.532452 3.293074 -0.7690 0.4423253
time2017 -2.544078 3.294438 -0.7722 0.4404240
time2018 -2.522722 3.294894 -0.7656 0.4443308
time2019 -2.614639 3.296169 -0.7932 0.4281027
iis59 -0.392486 0.102051 -3.8460 0.0001393 ***
iis63 0.661847 0.101596 6.5145 2.157e-10 ***
iis66 -0.346947 0.101783 -3.4087 0.0007178 ***
iis159 0.355257 0.103433 3.4347 0.0006543 ***
iis173 -0.463366 0.102334 -4.5280 7.833e-06 ***
iis248 -0.399053 0.103677 -3.8490 0.0001377 ***
iis269 -0.455332 0.102935 -4.4235 1.248e-05 ***
iis279 -0.398860 0.102149 -3.9047 0.0001104 ***
iis385 0.373438 0.101722 3.6711 0.0002736 ***
iis395 -0.366158 0.101654 -3.6020 0.0003548 ***
iis402 0.323868 0.110926 2.9197 0.0036987 **
fesisAUS.2005 -0.224431 0.060448 -3.7128 0.0002336 ***
fesisCHN.2015 0.251976 0.062096 4.0579 5.939e-05 ***
fesisDNK.2005 0.400492 0.110351 3.6293 0.0003204 ***
fesisDNK.2006 -0.481444 0.139623 -3.4482 0.0006232 ***
fesisDNK.2007 0.305233 0.103165 2.9587 0.0032697 **
fesisFIN.2003 -0.217979 0.074381 -2.9306 0.0035741 **
fesisISR.2018 -0.307962 0.078033 -3.9465 9.339e-05 ***
fesisSGP.2003 0.266138 0.086276 3.0847 0.0021765 **
fesisSGP.2008 0.327606 0.087448 3.7463 0.0002054 ***
fesisSGP.2010 -0.348744 0.077614 -4.4933 9.150e-06 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 2.6481 1 0.1036719
Ljung-Box ARCH(1) 10.9416 1 0.0009403 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.09637
R-squared 0.99598
Log-lik.(n=475) 471.28759 0.05
Formula: log_count_ccmt~ lgdp + lpop + lbrown
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Fri Mar 22 14:27:15 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.642032 0.022862 28.0832 < 2.2e-16 ***
lgdp 0.399337 0.069796 5.7215 2.082e-08 ***
lpop -0.079162 0.214010 -0.3699 0.7116545
lbrown 0.014608 0.009782 1.4934 0.1361369
idAUT 0.391805 0.173998 2.2518 0.0248819 *
idBEL 0.141559 0.128941 1.0979 0.2729307
idBRA -0.828854 0.456114 -1.8172 0.0699388 .
idCAN 0.208865 0.119025 1.7548 0.0800664 .
idCHE 0.105247 0.190544 0.5523 0.5810197
idCHN -0.600092 0.815201 -0.7361 0.4620880
idDEU 0.575003 0.292561 1.9654 0.0500635 .
idDNK -0.510754 0.298940 -1.7085 0.0883160 .
idESP -0.014627 0.185873 -0.0787 0.9373178
idFIN 0.559161 0.260075 2.1500 0.0321586 *
idFRA 0.299361 0.245841 1.2177 0.2240608
idGBR 0.251323 0.242875 1.0348 0.3013990
idIND -1.370111 0.787310 -1.7402 0.0825912 .
idISR -0.247012 0.228416 -1.0814 0.2801698
idITA 0.047667 0.228275 0.2088 0.8347016
idJPN -1.182926 0.387458 -3.0530 0.0024178 **
idKOR -1.946673 0.398229 -4.8883 1.479e-06 ***
idNLD 0.255224 0.073012 3.4956 0.0005263 ***
idNOR -0.882458 0.349990 -2.5214 0.0120800 *
idRUS -1.885042 0.389974 -4.8338 1.918e-06 ***
idSGP -0.374856 0.303251 -1.2361 0.2171435
idSWE -0.577271 0.213782 -2.7003 0.0072247 **
idTWN 0.395296 0.072824 5.4281 9.936e-08 ***
idUSA 0.196516 0.528242 0.3720 0.7100777
time2001 -7.944528 3.164430 -2.5106 0.0124502 *
time2002 -7.958009 3.165248 -2.5142 0.0123255 *
time2003 -7.879444 3.166504 -2.4884 0.0132420 *
time2004 -7.868400 3.167072 -2.4844 0.0133869 *
time2005 -7.809801 3.166433 -2.4664 0.0140681 *
time2006 -7.784167 3.167127 -2.4578 0.0144056 *
time2007 -7.721806 3.168352 -2.4372 0.0152411 *
time2008 -7.723098 3.170420 -2.4360 0.0152903 *
time2009 -7.650113 3.170745 -2.4127 0.0162865 *
time2010 -7.620370 3.171510 -2.4028 0.0167301 *
time2011 -7.631959 3.172445 -2.4057 0.0165979 *
time2012 -7.690546 3.173520 -2.4233 0.0158244 *
time2013 -7.765604 3.174694 -2.4461 0.0148745 *
time2014 -7.752114 3.176362 -2.4406 0.0151007 *
time2015 -7.781345 3.177869 -2.4486 0.0147728 *
time2016 -7.735775 3.179343 -2.4331 0.0154093 *
time2017 -7.759447 3.180624 -2.4396 0.0151405 *
time2018 -7.731549 3.181262 -2.4303 0.0155269 *
time2019 -7.836856 3.183078 -2.4620 0.0142391 *
iis18 -0.261028 0.094469 -2.7631 0.0059918 **
iis59 -0.378863 0.092723 -4.0860 5.313e-05 ***
iis63 0.686635 0.092188 7.4482 5.953e-13 ***
iis66 -0.350296 0.092474 -3.7881 0.0001753 ***
iis98 -0.257725 0.092687 -2.7806 0.0056845 **
iis158 -0.305995 0.093203 -3.2831 0.0011177 **
iis159 0.329958 0.093471 3.5301 0.0004642 ***
iis173 -0.450061 0.093233 -4.8273 1.979e-06 ***
iis248 -0.372939 0.094185 -3.9596 8.896e-05 ***
iis269 -0.304647 0.103231 -2.9511 0.0033540 **
iis270 0.407042 0.103541 3.9312 9.972e-05 ***
iis279 -0.355836 0.095295 -3.7340 0.0002160 ***
iis395 -0.357856 0.093344 -3.8337 0.0001467 ***
iis402 0.398103 0.098814 4.0288 6.719e-05 ***
iis403 0.296105 0.097844 3.0263 0.0026370 **
iis407 0.483183 0.093801 5.1511 4.087e-07 ***
iis408 0.272796 0.093660 2.9126 0.0037864 **
fesisAUS.2005 -0.263256 0.056668 -4.6456 4.619e-06 ***
fesisCAN.2004 -0.182428 0.057568 -3.1689 0.0016485 **
fesisCHN.2015 0.259963 0.057100 4.5528 7.051e-06 ***
fesisDNK.2005 0.244681 0.053403 4.5818 6.183e-06 ***
fesisFIN.2003 -0.217308 0.067702 -3.2098 0.0014363 **
fesisISR.2006 0.302897 0.073813 4.1036 4.939e-05 ***
fesisISR.2009 -0.237860 0.064409 -3.6929 0.0002527 ***
fesisISR.2018 -0.284319 0.072988 -3.8954 0.0001150 ***
fesisNOR.2010 -0.203617 0.046262 -4.4014 1.384e-05 ***
fesisNOR.2017 0.237242 0.061734 3.8430 0.0001415 ***
fesisRUS.2005 0.233315 0.079174 2.9468 0.0033997 **
fesisRUS.2007 -0.512255 0.109545 -4.6762 4.011e-06 ***
fesisRUS.2008 0.226194 0.094388 2.3964 0.0170181 *
fesisSGP.2003 0.190640 0.074547 2.5573 0.0109195 *
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 4.1998 1 0.04043 *
Ljung-Box ARCH(1) 1.0214 1 0.31219
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.08738
R-squared 0.99678
Log-lik.(n=475) 522.81058 Ihs Count Ccmt
0.01
Formula: ihs_count_ccmt~ lgdp + lpop + lbrown
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Fri Mar 22 14:29:29 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.659872 0.023115 28.5468 < 2.2e-16 ***
lgdp 0.358951 0.069588 5.1582 3.902e-07 ***
lpop -0.326717 0.208679 -1.5656 0.1182095
lbrown 0.020995 0.010026 2.0941 0.0368655 *
idAUT 0.129270 0.184045 0.7024 0.4828420
idBEL -0.041099 0.138201 -0.2974 0.7663225
idBRA -0.191287 0.455959 -0.4195 0.6750518
idCAN 0.180988 0.117031 1.5465 0.1227637
idCHE -0.160490 0.194713 -0.8242 0.4102871
idCHN 0.552373 0.819140 0.6743 0.5004822
idDEU 0.901515 0.287911 3.1312 0.0018664 **
idDNK -0.800956 0.291172 -2.7508 0.0062104 **
idESP 0.189206 0.182090 1.0391 0.2993837
idFIN 0.171017 0.270103 0.6332 0.5269876
idFRA 0.575666 0.242795 2.3710 0.0182050 *
idGBR 0.519903 0.239160 2.1739 0.0302905 *
idIND -0.175277 0.799458 -0.2192 0.8265697
idISR -0.355198 0.210318 -1.6889 0.0920117 .
idITA 0.318282 0.224894 1.4153 0.1577582
idJPN -0.551969 0.419355 -1.3162 0.1888358
idKOR -1.483497 0.419622 -3.5353 0.0004541 ***
idNLD 0.178492 0.080291 2.2231 0.0267600 *
idNOR -1.253349 0.329815 -3.8002 0.0001667 ***
idRUS -1.265485 0.408220 -3.1000 0.0020697 **
idSGP -0.804145 0.310096 -2.5932 0.0098511 **
idSWE -0.714405 0.205347 -3.4790 0.0005576 ***
idTWN 0.416550 0.074408 5.5982 3.988e-08 ***
idUSA 0.897267 0.531172 1.6892 0.0919430 .
time2001 -2.538633 3.298935 -0.7695 0.4420246
time2002 -2.552552 3.299710 -0.7736 0.4396351
time2003 -2.476551 3.301474 -0.7501 0.4536068
time2004 -2.441985 3.301813 -0.7396 0.4599757
time2005 -2.425412 3.301844 -0.7346 0.4630287
time2006 -2.363991 3.303582 -0.7156 0.4746585
time2007 -2.323857 3.304839 -0.7032 0.4823532
time2008 -2.309854 3.305492 -0.6988 0.4850806
time2009 -2.255796 3.306294 -0.6823 0.4954543
time2010 -2.230088 3.307058 -0.6743 0.5004767
time2011 -2.241564 3.308090 -0.6776 0.4984098
time2012 -2.300151 3.309240 -0.6951 0.4874085
time2013 -2.372301 3.310309 -0.7166 0.4740071
time2014 -2.355566 3.312610 -0.7111 0.4774355
time2015 -2.381803 3.314397 -0.7186 0.4727854
time2016 -2.332736 3.315885 -0.7035 0.4821445
time2017 -2.344432 3.317260 -0.7067 0.4801340
time2018 -2.322877 3.317719 -0.7001 0.4842381
time2019 -2.415249 3.319004 -0.7277 0.4672138
iis59 -0.421932 0.102809 -4.1040 4.907e-05 ***
iis63 0.673675 0.102305 6.5850 1.407e-10 ***
iis66 -0.352184 0.102500 -3.4359 0.0006512 ***
iis159 0.355581 0.104148 3.4142 0.0007040 ***
iis173 -0.471783 0.103046 -4.5784 6.235e-06 ***
iis248 -0.408249 0.104403 -3.9103 0.0001080 ***
iis269 -0.462551 0.103655 -4.4624 1.050e-05 ***
iis279 -0.400324 0.102860 -3.8919 0.0001162 ***
iis385 0.377756 0.102433 3.6878 0.0002568 ***
iis395 -0.369330 0.102361 -3.6081 0.0003468 ***
iis402 0.339071 0.111776 3.0335 0.0025724 **
fesisAUS.2005 -0.226525 0.060885 -3.7205 0.0002267 ***
fesisCHN.2015 0.252946 0.062506 4.0468 6.216e-05 ***
fesisDNK.2005 0.403789 0.111121 3.6338 0.0003150 ***
fesisDNK.2006 -0.484166 0.140596 -3.4437 0.0006334 ***
fesisDNK.2007 0.307768 0.103880 2.9627 0.0032282 **
fesisFIN.2003 -0.219684 0.074898 -2.9331 0.0035454 **
fesisISR.2018 -0.309701 0.078582 -3.9411 9.544e-05 ***
fesisSGP.2003 0.290618 0.086885 3.3449 0.0008996 ***
fesisSGP.2008 0.333953 0.088060 3.7923 0.0001718 ***
fesisSGP.2010 -0.353490 0.078152 -4.5231 8.005e-06 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 2.5737 1 0.1086542
Ljung-Box ARCH(1) 11.0567 1 0.0008837 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.09704
R-squared 0.99596
Log-lik.(n=475) 467.98899 0.05
Formula: ihs_count_ccmt~ lgdp + lpop + lbrown
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Fri Mar 22 14:29:29 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.640269 0.022756 28.1366 < 2.2e-16 ***
lgdp 0.401743 0.070023 5.7373 1.910e-08 ***
lpop -0.073089 0.214955 -0.3400 0.7340223
lbrown 0.014705 0.009843 1.4940 0.1359706
idAUT 0.399776 0.175162 2.2823 0.0229983 *
idBEL 0.145471 0.129772 1.1210 0.2629800
idBRA -0.851916 0.458763 -1.8570 0.0640536 .
idCAN 0.207401 0.119564 1.7346 0.0835810 .
idCHE 0.111866 0.191591 0.5839 0.5596335
idCHN -0.631545 0.819685 -0.7705 0.4414778
idDEU 0.569559 0.293563 1.9402 0.0530680 .
idDNK -0.506730 0.300082 -1.6886 0.0920739 .
idESP -0.020379 0.186739 -0.1091 0.9131544
idFIN 0.570535 0.261713 2.1800 0.0298444 *
idFRA 0.293890 0.246814 1.1907 0.2344690
idGBR 0.245837 0.243848 1.0082 0.3139936
idIND -1.405540 0.792112 -1.7744 0.0767598 .
idISR -0.243691 0.229488 -1.0619 0.2889325
idITA 0.041175 0.229314 0.1796 0.8575920
idJPN -1.202036 0.390311 -3.0797 0.0022163 **
idKOR -1.964457 0.400520 -4.9048 1.367e-06 ***
idNLD 0.258208 0.073482 3.5139 0.0004925 ***
idNOR -0.881378 0.351135 -2.5101 0.0124671 *
idRUS -1.913243 0.392888 -4.8697 1.617e-06 ***
idSGP -0.395325 0.304928 -1.2965 0.1955725
idSWE -0.575871 0.214445 -2.6854 0.0075480 **
idTWN 0.396995 0.073045 5.4349 9.589e-08 ***
idUSA 0.179838 0.530743 0.3388 0.7349083
time2001 -7.857405 3.184578 -2.4673 0.0140335 *
time2002 -7.870989 3.185394 -2.4710 0.0138940 *
time2003 -7.791633 3.186662 -2.4451 0.0149159 *
time2004 -7.780845 3.187226 -2.4413 0.0150721 *
time2005 -7.721638 3.186579 -2.4232 0.0158319 *
time2006 -7.695993 3.187273 -2.4146 0.0162038 *
time2007 -7.632929 3.188502 -2.3939 0.0171340 *
time2008 -7.634265 3.190578 -2.3928 0.0171865 *
time2009 -7.560855 3.190901 -2.3695 0.0182894 *
time2010 -7.530832 3.191668 -2.3595 0.0187815 *
time2011 -7.542271 3.192607 -2.3624 0.0186378 *
time2012 -7.601160 3.193687 -2.3801 0.0177813 *
time2013 -7.676536 3.194870 -2.4028 0.0167296 *
time2014 -7.663228 3.196552 -2.3973 0.0169758 *
time2015 -7.692656 3.198071 -2.4054 0.0166112 *
time2016 -7.646952 3.199557 -2.3900 0.0173138 *
time2017 -7.670849 3.200846 -2.3965 0.0170140 *
time2018 -7.642701 3.201487 -2.3872 0.0174428 *
time2019 -7.748601 3.203314 -2.4189 0.0160150 *
iis18 -0.263028 0.095058 -2.7670 0.0059218 **
iis59 -0.408511 0.093341 -4.3766 1.543e-05 ***
iis63 0.698718 0.092760 7.5325 3.391e-13 ***
iis66 -0.355496 0.093055 -3.8203 0.0001547 ***
iis98 -0.259861 0.093266 -2.7862 0.0055880 **
iis158 -0.308119 0.093778 -3.2856 0.0011080 **
iis159 0.330591 0.094044 3.5153 0.0004900 ***
iis173 -0.457939 0.093806 -4.8818 1.526e-06 ***
iis248 -0.381687 0.094771 -4.0275 6.756e-05 ***
iis269 -0.309748 0.103871 -2.9820 0.0030400 **
iis270 0.412328 0.104189 3.9575 8.972e-05 ***
iis279 -0.357349 0.095886 -3.7268 0.0002221 ***
iis395 -0.361309 0.093923 -3.8469 0.0001393 ***
iis402 0.412959 0.099518 4.1496 4.077e-05 ***
iis403 0.300965 0.098455 3.0569 0.0023877 **
iis407 0.490583 0.094387 5.1976 3.238e-07 ***
iis408 0.276603 0.094241 2.9351 0.0035285 **
fesisAUS.2005 -0.265681 0.057037 -4.6581 4.362e-06 ***
fesisCAN.2004 -0.183884 0.057936 -3.1739 0.0016211 **
fesisCHN.2015 0.260934 0.057443 4.5425 7.386e-06 ***
fesisDNK.2005 0.247592 0.053724 4.6086 5.472e-06 ***
fesisFIN.2003 -0.218624 0.068117 -3.2095 0.0014376 **
fesisISR.2006 0.306084 0.074270 4.1212 4.590e-05 ***
fesisISR.2009 -0.239813 0.064810 -3.7003 0.0002458 ***
fesisISR.2018 -0.286448 0.073444 -3.9002 0.0001128 ***
fesisNOR.2010 -0.205145 0.046543 -4.4077 1.347e-05 ***
fesisNOR.2017 0.239788 0.062117 3.8603 0.0001322 ***
fesisRUS.2005 0.238078 0.079650 2.9890 0.0029726 **
fesisRUS.2007 -0.517166 0.110225 -4.6919 3.731e-06 ***
fesisRUS.2008 0.228614 0.094957 2.4076 0.0165153 *
fesisSGP.2003 0.215704 0.075015 2.8755 0.0042515 **
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 4.1501 1 0.04163 *
Ljung-Box ARCH(1) 1.0703 1 0.30088
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.08792
R-squared 0.99676
Log-lik.(n=475) 519.87351 Max Count Ccmt
0.01
Formula: max_count_ccmt~ lgdp + lpop + lbrown
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Fri Mar 22 14:30:34 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.90310916 0.01527888 59.1083 < 2.2e-16 ***
lgdp 0.01935477 0.00493648 3.9208 0.0001038 ***
lpop -0.04647387 0.01602681 -2.8998 0.0039394 **
lbrown 0.00054393 0.00078670 0.6914 0.4897067
idAUT -0.01302452 0.01331605 -0.9781 0.3286096
idBEL -0.00601134 0.00998794 -0.6019 0.5476066
idBRA 0.08387469 0.03314378 2.5306 0.0117664 *
idCAN 0.02086475 0.00768713 2.7142 0.0069286 **
idCHE -0.02880194 0.01477999 -1.9487 0.0520252 .
idCHN 0.15375459 0.05959264 2.5801 0.0102313 *
idDEU 0.07613276 0.02231882 3.4111 0.0007125 ***
idDNK -0.06610464 0.02268177 -2.9144 0.0037625 **
idESP 0.04135657 0.01311940 3.1523 0.0017412 **
idFIN -0.02714724 0.01953645 -1.3896 0.1654290
idFRA 0.05650270 0.01761395 3.2078 0.0014445 **
idGBR 0.05347935 0.01734470 3.0833 0.0021882 **
idIND 0.11298418 0.05675646 1.9907 0.0471923 *
idISR -0.03968651 0.01611128 -2.4633 0.0141855 *
idITA 0.04701354 0.01614166 2.9126 0.0037847 **
idJPN 0.04583400 0.02903813 1.5784 0.1152586
idKOR -0.06095342 0.02761115 -2.2076 0.0278387 *
idNLD 0.00535586 0.00530983 1.0087 0.3137399
idNOR -0.08372677 0.02577986 -3.2478 0.0012608 **
idRUS 0.01024845 0.02560261 0.4003 0.6891563
idSGP -0.04005088 0.02109999 -1.8981 0.0583927 .
idSWE -0.05543490 0.01637798 -3.3847 0.0007826 ***
idTWN 0.01952122 0.00421172 4.6350 4.832e-06 ***
idUSA 0.13952004 0.03951400 3.5309 0.0004621 ***
time2001 0.24063320 0.22849887 1.0531 0.2929256
time2002 0.23898457 0.22858847 1.0455 0.2964296
time2003 0.24281699 0.22867035 1.0619 0.2889346
time2004 0.24386866 0.22878264 1.0659 0.2870904
time2005 0.24273484 0.22885093 1.0607 0.2894777
time2006 0.24294430 0.22898568 1.0610 0.2893458
time2007 0.24480643 0.22912099 1.0685 0.2859546
time2008 0.24556855 0.22927356 1.0711 0.2847796
time2009 0.24743977 0.22943079 1.0785 0.2814600
time2010 0.24978092 0.22954035 1.0882 0.2771682
time2011 0.24484893 0.22966161 1.0661 0.2870052
time2012 0.24220520 0.22980878 1.0539 0.2925424
time2013 0.23671540 0.22989538 1.0297 0.3037860
time2014 0.24087358 0.22998600 1.0473 0.2955720
time2015 0.24109428 0.23006680 1.0479 0.2952997
time2016 0.24487627 0.23016396 1.0639 0.2880031
time2017 0.24654904 0.23025793 1.0708 0.2849236
time2018 0.24479564 0.23035894 1.0627 0.2885694
time2019 0.23753273 0.23047950 1.0306 0.3033470
iis130 0.09876920 0.00896910 11.0122 < 2.2e-16 ***
iis131 0.08118717 0.00948435 8.5601 2.417e-16 ***
iis132 0.06669725 0.01000642 6.6654 8.724e-11 ***
iis133 0.05880911 0.01048150 5.6108 3.756e-08 ***
iis313 0.05836883 0.00964335 6.0528 3.266e-09 ***
iis314 0.19300449 0.00926303 20.8360 < 2.2e-16 ***
iis315 0.10598928 0.00879586 12.0499 < 2.2e-16 ***
iis323 -0.13755864 0.00880219 -15.6278 < 2.2e-16 ***
iis332 0.04388965 0.00920610 4.7675 2.613e-06 ***
iis338 -0.06322775 0.00876845 -7.2108 2.781e-12 ***
iis340 -0.06157394 0.00881125 -6.9881 1.164e-11 ***
iis459 -0.03705608 0.00949191 -3.9040 0.0001109 ***
iis463 0.03295250 0.00895314 3.6806 0.0002645 ***
iis468 0.09186068 0.01009490 9.0997 < 2.2e-16 ***
iis469 0.06841750 0.01006908 6.7948 3.924e-11 ***
iis470 -0.08532134 0.01016747 -8.3916 8.253e-16 ***
iis473 -0.04675528 0.01006968 -4.6432 4.654e-06 ***
iis474 -0.04571931 0.01009002 -4.5311 7.747e-06 ***
iis475 -0.07685049 0.01017644 -7.5518 2.915e-13 ***
fesisDEU.2006 0.03628730 0.00525423 6.9063 1.953e-11 ***
fesisDEU.2012 -0.03739709 0.00458000 -8.1653 4.183e-15 ***
fesisJPN.2008 -0.05630572 0.00889621 -6.3292 6.588e-10 ***
fesisJPN.2009 0.04915875 0.00939315 5.2335 2.685e-07 ***
fesisKOR.2009 0.03395689 0.00576007 5.8952 7.933e-09 ***
fesisUSA.2005 0.04374648 0.00701438 6.2367 1.133e-09 ***
fesisUSA.2012 -0.02805847 0.00776398 -3.6139 0.0003399 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 8.3615 1 0.003833 **
Ljung-Box ARCH(1) 48.8008 1 2.833e-12 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.00804
R-squared 0.99876
Log-lik.(n=475) 1653.56901 0.05
Formula: max_count_ccmt~ lgdp + lpop + lbrown
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Fri Mar 22 14:31:28 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.92700281 0.01397035 66.3550 < 2.2e-16 ***
lgdp 0.01756680 0.00429158 4.0933 5.156e-05 ***
lpop -0.03847426 0.01386494 -2.7749 0.0057829 **
lbrown 0.00053087 0.00067883 0.7820 0.4346577
idAUT -0.00825468 0.01148222 -0.7189 0.4726207
idBEL -0.00274347 0.00861121 -0.3186 0.7502034
idBRA 0.06823698 0.02864520 2.3821 0.0176835 *
idCAN 0.01689569 0.00665887 2.5373 0.0115532 *
idCHE -0.02230406 0.01275847 -1.7482 0.0812084 .
idCHN 0.12452791 0.05149520 2.4182 0.0160460 *
idDEU 0.06138447 0.01937210 3.1687 0.0016501 **
idDNK -0.05489541 0.01962377 -2.7974 0.0054031 **
idESP 0.03488612 0.01136136 3.0706 0.0022836 **
idFIN -0.01934293 0.01685077 -1.1479 0.2517045
idFRA 0.04627202 0.01526939 3.0304 0.0026028 **
idGBR 0.04389720 0.01502925 2.9208 0.0036913 **
idIND 0.08765827 0.04899818 1.7890 0.0743773 .
idISR -0.03198225 0.01392573 -2.2966 0.0221611 *
idITA 0.03877032 0.01397134 2.7750 0.0057819 **
idJPN 0.00636983 0.02546197 0.2502 0.8025853
idKOR -0.05822413 0.02390492 -2.4357 0.0153052 *
idNLD 0.00571520 0.00458451 1.2466 0.2132690
idNOR -0.07029576 0.02231961 -3.1495 0.0017595 **
idRUS 0.00240955 0.02207426 0.1092 0.9131338
idSGP -0.03058910 0.01821395 -1.6794 0.0938565 .
idSWE -0.04720783 0.01418991 -3.3269 0.0009604 ***
idTWN 0.01719743 0.00366787 4.6887 3.790e-06 ***
idUSA 0.11426898 0.03423816 3.3375 0.0009254 ***
time2001 0.15688429 0.19704763 0.7962 0.4264077
time2002 0.15513121 0.19712533 0.7870 0.4317716
time2003 0.15706879 0.19719939 0.7965 0.4262203
time2004 0.15877115 0.19729659 0.8047 0.4214564
time2005 0.15769248 0.19735515 0.7990 0.4247526
time2006 0.15781631 0.19747149 0.7992 0.4246621
time2007 0.15940098 0.19758924 0.8067 0.4203068
time2008 0.16020870 0.19772026 0.8103 0.4182661
time2009 0.16218295 0.19785292 0.8197 0.4128718
time2010 0.16240553 0.19796198 0.8204 0.4124888
time2011 0.15900278 0.19805659 0.8028 0.4225633
time2012 0.15696671 0.19817365 0.7921 0.4287961
time2013 0.15246992 0.19825314 0.7691 0.4423121
time2014 0.15452787 0.19833600 0.7791 0.4363734
time2015 0.15458248 0.19840642 0.7791 0.4363742
time2016 0.15757438 0.19850058 0.7938 0.4277738
time2017 0.16014758 0.19857006 0.8065 0.4204363
time2018 0.15847445 0.19865658 0.7977 0.4255049
time2019 0.15346070 0.19876144 0.7721 0.4405247
iis130 0.09744928 0.00774144 12.5880 < 2.2e-16 ***
iis131 0.07632188 0.00823001 9.2736 < 2.2e-16 ***
iis132 0.05973562 0.00873146 6.8414 2.989e-11 ***
iis133 0.04814263 0.00919968 5.2331 2.709e-07 ***
iis146 -0.02427560 0.01000857 -2.4255 0.0157343 *
iis152 -0.05568416 0.00779640 -7.1423 4.430e-12 ***
iis307 0.01780641 0.00801458 2.2218 0.0268646 *
iis313 0.06767733 0.00850825 7.9543 1.908e-14 ***
iis314 0.20274868 0.00818077 24.7836 < 2.2e-16 ***
iis315 0.10934591 0.00765186 14.2901 < 2.2e-16 ***
iis320 0.02601141 0.00770303 3.3768 0.0008060 ***
iis323 -0.13554003 0.00767063 -17.6700 < 2.2e-16 ***
iis338 -0.05969943 0.00759283 -7.8626 3.605e-14 ***
iis340 -0.05838384 0.00762632 -7.6556 1.486e-13 ***
iis459 -0.03641826 0.00818112 -4.4515 1.110e-05 ***
iis463 0.03486275 0.00771642 4.5180 8.252e-06 ***
iis468 0.09140603 0.00869947 10.5071 < 2.2e-16 ***
iis469 0.06469695 0.00868345 7.4506 5.885e-13 ***
iis470 -0.08830908 0.00877364 -10.0653 < 2.2e-16 ***
iis473 -0.04734753 0.00867319 -5.4591 8.462e-08 ***
iis474 -0.04532084 0.00869156 -5.2144 2.978e-07 ***
iis475 -0.07772811 0.00877515 -8.8578 < 2.2e-16 ***
fesisDEU.2006 0.03435835 0.00455532 7.5425 3.186e-13 ***
fesisDEU.2012 -0.05041555 0.00776621 -6.4917 2.544e-10 ***
fesisDEU.2014 0.02894579 0.00781034 3.7061 0.0002404 ***
fesisJPN.2003 0.02756030 0.00625957 4.4029 1.376e-05 ***
fesisJPN.2008 -0.06369770 0.00794102 -8.0213 1.195e-14 ***
fesisJPN.2009 0.04056183 0.00827345 4.9026 1.382e-06 ***
fesisKOR.2009 0.06724381 0.00581478 11.5643 < 2.2e-16 ***
fesisKOR.2011 -0.04403580 0.00613718 -7.1753 3.581e-12 ***
fesisUSA.2005 0.03846230 0.00616502 6.2388 1.134e-09 ***
fesisUSA.2012 -0.03335803 0.00678548 -4.9161 1.296e-06 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 11.5263 1 0.0006862 ***
Ljung-Box ARCH(1) 4.3576 1 0.0368449 *
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.00692
R-squared 0.99909
Log-lik.(n=475) 1727.57912 Energy
Count Energy
0.01
Formula: count_energy~ gdp + pop + brown_patents
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Fri Mar 22 14:26:09 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 8.3065e-01 1.6050e-02 51.7555 < 2.2e-16 ***
gdp 7.5204e-13 8.5481e-14 8.7978 < 2.2e-16 ***
pop -1.4151e-07 1.0641e-07 -1.3299 0.1843141
brown_patents 1.5628e-01 2.7631e-02 5.6560 2.936e-08 ***
idAUT 2.1619e+00 1.3640e+01 0.1585 0.8741477
idBEL -8.5504e+00 1.3629e+01 -0.6274 0.5307674
idBRA 8.6523e+00 2.2837e+01 0.3789 0.7049883
idCAN 9.6650e+00 1.3853e+01 0.6977 0.4857788
idCHE -2.1440e-01 1.3646e+01 -0.0157 0.9874724
idCHN 2.5226e+02 1.3898e+02 1.8151 0.0702487 .
idDEU 1.4090e+02 2.3352e+01 6.0339 3.623e-09 ***
idDNK 2.4100e+01 1.3767e+01 1.7506 0.0807716 .
idESP 6.5610e+00 1.3797e+01 0.4756 0.6346499
idFIN -1.2310e+01 1.3727e+01 -0.8968 0.3703801
idFRA 4.7468e+01 1.5107e+01 3.1420 0.0018014 **
idGBR 3.3072e+01 1.4660e+01 2.2559 0.0246132 *
idIND 1.0452e+02 1.2864e+02 0.8125 0.4169662
idISR -3.4934e+00 1.3650e+01 -0.2559 0.7981389
idITA 1.1429e+01 1.4151e+01 0.8076 0.4197725
idJPN 1.1534e+02 4.1994e+01 2.7466 0.0062901 **
idKOR -6.6524e+02 9.7755e+01 -6.8052 3.657e-11 ***
idNLD 1.4724e+00 1.3590e+01 0.1083 0.9137749
idNOR -2.0713e+01 1.3853e+01 -1.4952 0.1356355
idRUS -5.6058e+01 1.9051e+01 -2.9425 0.0034438 **
idSGP -1.2628e+01 1.3718e+01 -0.9205 0.3578459
idSWE -8.0443e+00 1.3645e+01 -0.5895 0.5558244
idTWN 3.8684e+01 1.3837e+01 2.7956 0.0054272 **
idUSA 2.0596e+02 4.3053e+01 4.7839 2.415e-06 ***
time2001 6.1254e+00 1.2743e+01 0.4807 0.6309962
time2002 -3.1777e+00 1.2736e+01 -0.2495 0.8031043
time2003 1.1868e+00 1.2744e+01 0.0931 0.9258502
time2004 1.9025e+01 1.2750e+01 1.4921 0.1364425
time2005 2.8097e+01 1.2772e+01 2.1998 0.0283881 *
time2006 1.1528e+01 1.2762e+01 0.9033 0.3668912
time2007 4.0750e+01 1.2785e+01 3.1873 0.0015476 **
time2008 3.2768e+01 1.2947e+01 2.5309 0.0117564 *
time2009 5.2301e+01 1.3239e+01 3.9505 9.201e-05 ***
time2010 4.1004e+01 1.3424e+01 3.0545 0.0024036 **
time2011 4.4789e+01 1.3420e+01 3.3374 0.0009241 ***
time2012 6.3788e+00 1.3505e+01 0.4723 0.6369482
time2013 -5.2447e+00 1.3562e+01 -0.3867 0.6991566
time2014 2.9663e+00 1.3330e+01 0.2225 0.8240218
time2015 -9.5278e+00 1.3266e+01 -0.7182 0.4730489
time2016 1.4019e+01 1.3235e+01 1.0592 0.2901357
time2017 3.8677e+01 1.3192e+01 2.9319 0.0035608 **
time2018 2.5270e+01 1.3234e+01 1.9094 0.0569202 .
time2019 -7.8109e+00 1.3404e+01 -0.5827 0.5603879
iis132 1.2961e+02 4.9536e+01 2.6165 0.0092171 **
iis146 -3.3314e+02 4.6106e+01 -7.2257 2.506e-12 ***
iis313 4.2514e+02 5.0921e+01 8.3491 1.108e-15 ***
iis314 1.2080e+03 4.8162e+01 25.0827 < 2.2e-16 ***
iis315 5.3112e+02 4.7873e+01 11.0944 < 2.2e-16 ***
iis316 -2.7569e+02 4.9512e+01 -5.5681 4.704e-08 ***
iis317 -3.9342e+02 4.7847e+01 -8.2226 2.749e-15 ***
iis323 -7.6077e+02 4.6779e+01 -16.2629 < 2.2e-16 ***
iis332 3.5561e+02 4.5811e+01 7.7626 6.897e-14 ***
iis333 3.1738e+02 4.7283e+01 6.7125 6.498e-11 ***
iis336 2.0065e+02 5.1591e+01 3.8892 0.0001176 ***
iis339 4.9050e+02 4.6955e+01 10.4464 < 2.2e-16 ***
iis464 1.3054e+02 4.7759e+01 2.7334 0.0065437 **
iis470 -6.5706e+02 5.8494e+01 -11.2328 < 2.2e-16 ***
iis471 -1.6489e+02 5.4273e+01 -3.0382 0.0025343 **
iis472 -1.4695e+02 4.7841e+01 -3.0716 0.0022735 **
iis473 -1.7901e+02 4.7150e+01 -3.7966 0.0001692 ***
fesisCHN.2016 4.1362e+02 3.2955e+01 12.5511 < 2.2e-16 ***
fesisDEU.2007 2.8678e+02 2.7867e+01 10.2908 < 2.2e-16 ***
fesisDEU.2012 -2.4031e+02 2.5153e+01 -9.5538 < 2.2e-16 ***
fesisJPN.2009 1.6648e+02 3.4959e+01 4.7621 2.675e-06 ***
fesisKOR.2014 -3.5843e+02 4.3739e+01 -8.1947 3.355e-15 ***
fesisUSA.2006 4.2337e+02 3.4113e+01 12.4107 < 2.2e-16 ***
fesisUSA.2011 -3.9938e+02 3.1933e+01 -12.5069 < 2.2e-16 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.61936 1 0.431286
Ljung-Box ARCH(1) 10.74089 1 0.001048 **
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 41.80831
R-squared 0.99828
Log-lik.(n=475) -2411.71602 0.05
Formula: count_energy~ gdp + pop + brown_patents
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Fri Mar 22 14:26:07 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 8.1138e-01 1.8124e-02 44.7691 < 2.2e-16 ***
gdp 1.3176e-12 1.1947e-13 11.0286 < 2.2e-16 ***
pop 3.1976e-07 2.1062e-07 1.5182 0.1297731
brown_patents 1.6031e-01 2.6311e-02 6.0928 2.631e-09 ***
idAUT 9.1969e+00 1.3022e+01 0.7063 0.4804321
idBEL -3.3863e+00 1.2917e+01 -0.2622 0.7933290
idBRA -7.3969e+01 3.8858e+01 -1.9036 0.0576904 .
idCAN 6.1033e+00 1.3125e+01 0.4650 0.6421805
idCHE 7.1176e+00 1.3054e+01 0.5452 0.5858963
idCHN -3.6561e+02 2.7358e+02 -1.3364 0.1821873
idDEU 1.2250e+02 2.4551e+01 4.9895 9.081e-07 ***
idDNK 3.3645e+01 1.3372e+01 2.5161 0.0122622 *
idESP -3.3471e+00 1.3595e+01 -0.2462 0.8056531
idFIN -4.6081e+00 1.3205e+01 -0.3490 0.7272987
idFRA 3.2662e+01 1.5942e+01 2.0487 0.0411467 *
idGBR 1.7841e+01 1.5446e+01 1.1551 0.2487491
idIND -4.3286e+02 2.3683e+02 -1.8277 0.0683457 .
idISR 3.3016e+00 1.3051e+01 0.2530 0.8004182
idITA -4.7086e+00 1.4853e+01 -0.3170 0.7514021
idJPN -1.9730e+02 6.0303e+01 -3.2718 0.0011623 **
idKOR -1.2269e+03 1.2530e+02 -9.7914 < 2.2e-16 ***
idNLD 5.0214e+00 1.2775e+01 0.3931 0.6944866
idNOR -1.4621e+01 1.3349e+01 -1.0953 0.2740602
idRUS -1.5551e+02 2.9357e+01 -5.2974 1.954e-07 ***
idSGP -5.0107e+00 1.3205e+01 -0.3795 0.7045479
idSWE -3.7340e+00 1.2989e+01 -0.2875 0.7739082
idTWN 4.1765e+01 1.3063e+01 3.1972 0.0014993 **
idUSA 9.3879e+01 6.2003e+01 1.5141 0.1307963
time2001 7.0625e-01 1.2325e+01 0.0573 0.9543333
time2002 -1.0653e+01 1.2364e+01 -0.8616 0.3894083
time2003 -1.4417e+01 1.2504e+01 -1.1530 0.2496016
time2004 7.9250e+00 1.2498e+01 0.6341 0.5263968
time2005 1.5438e+01 1.2576e+01 1.2276 0.2203129
time2006 1.0539e+01 1.2793e+01 0.8239 0.4105172
time2007 2.6104e+01 1.2917e+01 2.0208 0.0439700 *
time2008 3.4381e+01 1.2966e+01 2.6516 0.0083330 **
time2009 4.4572e+01 1.2854e+01 3.4675 0.0005829 ***
time2010 3.3358e+01 1.3080e+01 2.5503 0.0111374 *
time2011 3.8727e+01 1.3160e+01 2.9429 0.0034431 **
time2012 -1.0981e+01 1.3321e+01 -0.8243 0.4102459
time2013 -1.5454e+01 1.3398e+01 -1.1535 0.2494183
time2014 -5.2844e+00 1.3329e+01 -0.3964 0.6919871
time2015 -2.0344e+01 1.3334e+01 -1.5257 0.1278724
time2016 3.6133e+00 1.3068e+01 0.2765 0.7823137
time2017 2.5128e+01 1.3049e+01 1.9257 0.0548554 .
time2018 1.2711e+01 1.3080e+01 0.9718 0.3317562
time2019 -1.7158e+01 1.3303e+01 -1.2898 0.1978586
iis130 1.2694e+02 6.1254e+01 2.0724 0.0388789 *
iis131 1.7423e+02 5.8520e+01 2.9773 0.0030866 **
iis132 2.3306e+02 5.7008e+01 4.0882 5.267e-05 ***
iis146 -3.2665e+02 4.4063e+01 -7.4132 7.545e-13 ***
iis307 1.6471e+02 4.3912e+01 3.7508 0.0002026 ***
iis311 1.4792e+02 4.4242e+01 3.3433 0.0009066 ***
iis313 4.2477e+02 4.9518e+01 8.5780 < 2.2e-16 ***
iis314 1.2088e+03 4.5710e+01 26.4453 < 2.2e-16 ***
iis315 5.5588e+02 4.5341e+01 12.2600 < 2.2e-16 ***
iis316 -2.3512e+02 4.7524e+01 -4.9475 1.114e-06 ***
iis317 -3.7487e+02 4.5232e+01 -8.2877 1.811e-15 ***
iis323 -7.6550e+02 4.3874e+01 -17.4476 < 2.2e-16 ***
iis332 4.0789e+02 4.4175e+01 9.2334 < 2.2e-16 ***
iis333 3.2903e+02 4.4338e+01 7.4209 7.169e-13 ***
iis336 1.5239e+02 4.9483e+01 3.0796 0.0022170 **
iis339 5.0129e+02 4.4213e+01 11.3383 < 2.2e-16 ***
iis462 -1.6849e+02 4.8681e+01 -3.4610 0.0005967 ***
iis470 -6.5842e+02 5.4921e+01 -11.9884 < 2.2e-16 ***
iis471 -1.7456e+02 5.1281e+01 -3.4040 0.0007318 ***
iis472 -1.5678e+02 4.5080e+01 -3.4778 0.0005617 ***
iis473 -1.8698e+02 4.4343e+01 -4.2166 3.077e-05 ***
fesisCHN.2016 2.8218e+02 5.3041e+01 5.3201 1.739e-07 ***
fesisDEU.2007 2.6028e+02 2.7041e+01 9.6252 < 2.2e-16 ***
fesisDEU.2013 -1.9355e+02 2.3239e+01 -8.3286 1.350e-15 ***
fesisIND.2009 -9.4384e+01 3.3604e+01 -2.8087 0.0052200 **
fesisIND.2016 -8.1893e+01 3.1005e+01 -2.6413 0.0085867 **
fesisJPN.2008 -1.3176e+02 4.4761e+01 -2.9437 0.0034340 **
fesisJPN.2009 3.3667e+02 4.8581e+01 6.9300 1.714e-11 ***
fesisKOR.2006 -2.4033e+02 4.1795e+01 -5.7501 1.784e-08 ***
fesisKOR.2014 -5.0366e+02 4.7832e+01 -10.5297 < 2.2e-16 ***
fesisUSA.2006 4.9571e+02 3.6694e+01 13.5094 < 2.2e-16 ***
fesisUSA.2011 -4.5305e+02 2.9990e+01 -15.1068 < 2.2e-16 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.62372 1 0.42967
Ljung-Box ARCH(1) 6.36402 1 0.01165 *
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 39.15058
R-squared 0.99852
Log-lik.(n=475) -2376.51802 Log Count Energy
0.01
Formula: log_count_energy~ lgdp + lpop + lbrown
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Fri Mar 22 14:28:17 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.565229 0.029648 19.0647 < 2.2e-16 ***
lgdp 0.519012 0.112937 4.5956 5.742e-06 ***
lpop -1.432900 0.346841 -4.1313 4.369e-05 ***
lbrown 0.039067 0.016062 2.4323 0.0154253 *
idAUT -0.556299 0.285599 -1.9478 0.0521121 .
idBEL -0.462946 0.214561 -2.1576 0.0315317 *
idBRA 1.788018 0.702835 2.5440 0.0113222 *
idCAN 0.837691 0.168348 4.9760 9.547e-07 ***
idCHE -0.967012 0.316247 -3.0578 0.0023749 **
idCHN 4.806679 1.279997 3.7552 0.0001980 ***
idDEU 2.609498 0.456635 5.7146 2.108e-08 ***
idDNK -1.745489 0.487102 -3.5834 0.0003796 ***
idESP 0.683403 0.288445 2.3693 0.0182824 *
idFIN -1.288759 0.419411 -3.0728 0.0022612 **
idFRA 1.921549 0.381317 5.0392 7.003e-07 ***
idGBR 1.867217 0.377814 4.9422 1.125e-06 ***
idIND 3.672794 1.216468 3.0192 0.0026914 **
idISR -1.343767 0.347589 -3.8660 0.0001285 ***
idITA 1.511479 0.349766 4.3214 1.945e-05 ***
idJPN 0.982192 0.582951 1.6849 0.0927703 .
idKOR -1.218282 0.618050 -1.9712 0.0493714 *
idNLD 0.093500 0.114341 0.8177 0.4139803
idNOR -2.889801 0.566889 -5.0976 5.247e-07 ***
idRUS 0.657209 0.570363 1.1523 0.2498786
idSGP -2.630866 0.501643 -5.2445 2.508e-07 ***
idSWE -1.780221 0.360484 -4.9384 1.146e-06 ***
idTWN 0.795565 0.098305 8.0928 6.582e-15 ***
idUSA 3.794761 0.831238 4.5652 6.593e-06 ***
time2001 11.228265 4.919642 2.2823 0.0229774 *
time2002 11.173804 4.921639 2.2703 0.0237013 *
time2003 11.258972 4.923020 2.2870 0.0227006 *
time2004 11.355393 4.925027 2.3057 0.0216248 *
time2005 11.432246 4.927204 2.3202 0.0208150 *
time2006 11.486200 4.929088 2.3303 0.0202718 *
time2007 11.650351 4.930804 2.3628 0.0186017 *
time2008 11.699841 4.934561 2.3710 0.0181982 *
time2009 11.767253 4.936680 2.3836 0.0175935 *
time2010 11.752069 4.938831 2.3795 0.0177883 *
time2011 11.754684 4.940782 2.3791 0.0178079 *
time2012 11.640613 4.942948 2.3550 0.0189901 *
time2013 11.521337 4.944848 2.3300 0.0202889 *
time2014 11.546275 4.946877 2.3341 0.0200717 *
time2015 11.462113 4.948969 2.3161 0.0210438 *
time2016 11.582594 4.951044 2.3394 0.0197892 *
time2017 11.631003 4.952916 2.3483 0.0193294 *
time2018 11.599728 4.954904 2.3411 0.0197039 *
time2019 11.490511 4.956823 2.3181 0.0209305 *
iis41 -0.656411 0.170378 -3.8527 0.0001354 ***
iis43 -0.583647 0.169903 -3.4352 0.0006521 ***
iis57 -0.581553 0.169806 -3.4248 0.0006768 ***
iis72 0.578884 0.171838 3.3688 0.0008260 ***
iis74 -0.701307 0.172040 -4.0764 5.487e-05 ***
iis156 -0.549333 0.169710 -3.2369 0.0013058 **
iis407 0.474624 0.172896 2.7451 0.0063127 **
fesisBRA.2005 0.673526 0.143865 4.6816 3.866e-06 ***
fesisBRA.2007 -0.428424 0.126907 -3.3759 0.0008054 ***
fesisCHN.2015 0.342091 0.103781 3.2963 0.0010645 **
fesisESP.2003 0.638341 0.125957 5.0679 6.079e-07 ***
fesisRUS.2007 -0.435394 0.092242 -4.7201 3.233e-06 ***
fesisSGP.2003 0.976652 0.151271 6.4563 3.016e-10 ***
fesisSGP.2006 -0.879262 0.191670 -4.5874 5.961e-06 ***
fesisSGP.2007 0.806219 0.175750 4.5873 5.963e-06 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 3.0887 1 0.07884 .
Ljung-Box ARCH(1) 5.6652 1 0.01730 *
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.16095
R-squared 0.98964
Log-lik.(n=475) 224.65940 0.05
Formula: log_count_energy~ lgdp + lpop + lbrown
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Fri Mar 22 14:28:14 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.581628 0.027478 21.1673 < 2.2e-16 ***
lgdp 0.543996 0.101855 5.3409 1.575e-07 ***
lpop -1.359332 0.344432 -3.9466 9.402e-05 ***
lbrown 0.035668 0.014935 2.3882 0.0174082 *
idAUT -0.444148 0.294691 -1.5072 0.1325778
idBEL -0.334190 0.219793 -1.5205 0.1292019
idBRA 1.791607 0.712177 2.5157 0.0122814 *
idCAN 1.009293 0.172982 5.8347 1.134e-08 ***
idCHE -0.842394 0.322600 -2.6113 0.0093688 **
idCHN 4.413367 1.298336 3.3992 0.0007454 ***
idDEU 2.465257 0.449942 5.4791 7.685e-08 ***
idDNK -1.812610 0.486870 -3.7230 0.0002259 ***
idESP 0.860355 0.290168 2.9650 0.0032126 **
idFIN -1.119182 0.432933 -2.5851 0.0100967 *
idFRA 1.822108 0.374423 4.8664 1.653e-06 ***
idGBR 1.776648 0.369895 4.8031 2.231e-06 ***
idIND 3.263304 1.246280 2.6184 0.0091776 **
idISR -1.432724 0.376918 -3.8012 0.0001671 ***
idITA 1.435032 0.344424 4.1665 3.812e-05 ***
idJPN 0.658280 0.583169 1.1288 0.2596770
idKOR -1.481831 0.569157 -2.6036 0.0095785 **
idNLD 0.136212 0.112299 1.2129 0.2258882
idNOR -2.742403 0.561378 -4.8851 1.511e-06 ***
idRUS 0.274020 0.587802 0.4662 0.6413492
idSGP -2.282216 0.503943 -4.5287 7.897e-06 ***
idSWE -1.735521 0.346345 -5.0110 8.229e-07 ***
idTWN 0.791152 0.088175 8.9725 < 2.2e-16 ***
idUSA 3.505200 0.836552 4.1901 3.452e-05 ***
time2001 9.266896 5.096271 1.8184 0.0697748 .
time2002 9.172717 5.097094 1.7996 0.0726970 .
time2003 9.289890 5.099568 1.8217 0.0692662 .
time2004 9.378210 5.100809 1.8386 0.0667382 .
time2005 9.430450 5.102825 1.8481 0.0653471 .
time2006 9.479140 5.103956 1.8572 0.0640343 .
time2007 9.624761 5.106740 1.8847 0.0602114 .
time2008 9.656019 5.109015 1.8900 0.0594998 .
time2009 9.737750 5.109924 1.9057 0.0574301 .
time2010 9.742011 5.111330 1.9060 0.0573898 .
time2011 9.744896 5.113212 1.9058 0.0574076 .
time2012 9.622518 5.114944 1.8813 0.0606818 .
time2013 9.518834 5.116689 1.8604 0.0635885 .
time2014 9.530891 5.118947 1.8619 0.0633713 .
time2015 9.459349 5.121217 1.8471 0.0654913 .
time2016 9.544068 5.123351 1.8629 0.0632340 .
time2017 9.610863 5.125410 1.8751 0.0615204 .
time2018 9.543533 5.127376 1.8613 0.0634554 .
time2019 9.470914 5.129805 1.8463 0.0656131 .
iis41 -0.716998 0.147323 -4.8669 1.649e-06 ***
iis43 -0.609466 0.146661 -4.1556 3.990e-05 ***
iis49 -0.454623 0.147039 -3.0918 0.0021322 **
iis57 -0.621783 0.146401 -4.2471 2.711e-05 ***
iis58 -0.515069 0.148496 -3.4686 0.0005816 ***
iis62 0.516074 0.147858 3.4903 0.0005375 ***
iis63 0.531675 0.147643 3.6011 0.0003578 ***
iis71 0.349729 0.147532 2.3705 0.0182485 *
iis72 0.647497 0.147363 4.3939 1.437e-05 ***
iis74 -0.619059 0.147689 -4.1916 3.429e-05 ***
iis75 0.538278 0.148107 3.6344 0.0003160 ***
iis98 -0.485103 0.146928 -3.3016 0.0010499 **
iis156 -0.413434 0.154985 -2.6676 0.0079584 **
iis173 -0.431213 0.200139 -2.1546 0.0318076 *
iis255 0.444327 0.146202 3.0391 0.0025325 **
iis382 0.441689 0.158454 2.7875 0.0055717 **
iis385 0.455360 0.159448 2.8559 0.0045216 **
iis400 -0.395345 0.174005 -2.2720 0.0236288 *
iis402 0.904738 0.175019 5.1694 3.760e-07 ***
iis403 0.572604 0.173963 3.2915 0.0010873 **
iis404 0.953892 0.173526 5.4971 6.990e-08 ***
iis406 0.393036 0.158906 2.4734 0.0138089 *
iis407 0.748872 0.155603 4.8127 2.132e-06 ***
iis408 0.577544 0.154853 3.7296 0.0002202 ***
iis410 0.391481 0.155216 2.5222 0.0120605 *
iis411 0.366392 0.153009 2.3946 0.0171110 *
iis415 0.600810 0.153291 3.9194 0.0001048 ***
iis417 0.386187 0.153428 2.5171 0.0122341 *
fesisCAN.2004 -0.253549 0.091213 -2.7798 0.0057034 **
fesisCHN.2015 0.316097 0.089775 3.5210 0.0004808 ***
fesisDNK.2007 0.214984 0.077745 2.7653 0.0059580 **
fesisESP.2003 0.420246 0.148066 2.8382 0.0047736 **
fesisISR.2006 0.492653 0.104433 4.7174 3.333e-06 ***
fesisISR.2009 -0.315066 0.098098 -3.2118 0.0014288 **
fesisNOR.2012 -0.259740 0.084457 -3.0754 0.0022501 **
fesisNOR.2016 0.366298 0.100064 3.6606 0.0002862 ***
fesisRUS.2007 -0.264267 0.091125 -2.9001 0.0039420 **
fesisSGP.2007 0.489612 0.128005 3.8250 0.0001522 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 4.2531 1 0.03918 *
Ljung-Box ARCH(1) 7.8832 1 0.00499 **
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.13834
R-squared 0.99277
Log-lik.(n=475) 308.06931 Ihs Count Energy
0.01
Formula: ihs_count_energy~ lgdp + lpop + lbrown
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Fri Mar 22 14:29:32 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.575406 0.028646 20.0868 < 2.2e-16 ***
lgdp 0.511327 0.114390 4.4700 1.012e-05 ***
lpop -1.469840 0.351323 -4.1837 3.507e-05 ***
lbrown 0.036715 0.016415 2.2367 0.0258401 *
idAUT -0.603180 0.290622 -2.0755 0.0385619 *
idBEL -0.493877 0.218075 -2.2647 0.0240494 *
idBRA 2.057213 0.717794 2.8660 0.0043697 **
idCAN 0.853802 0.170099 5.0194 7.726e-07 ***
idCHE -1.013362 0.321260 -3.1543 0.0017265 **
idCHN 4.980116 1.298265 3.8360 0.0001447 ***
idDEU 2.646844 0.460108 5.7527 1.715e-08 ***
idDNK -1.827429 0.493972 -3.6995 0.0002454 ***
idESP 0.685512 0.292881 2.3406 0.0197302 *
idFIN -1.352319 0.425844 -3.1756 0.0016076 **
idFRA 1.959384 0.385268 5.0858 5.571e-07 ***
idGBR 1.903842 0.381812 4.9863 9.085e-07 ***
idIND 3.859207 1.235897 3.1226 0.0019191 **
idISR -1.388262 0.352386 -3.9396 9.584e-05 ***
idITA 1.548787 0.354121 4.3736 1.550e-05 ***
idJPN 1.065459 0.593553 1.7951 0.0733782 .
idKOR -1.153239 0.629415 -1.8322 0.0676373 .
idNLD 0.077035 0.116538 0.6610 0.5089631
idNOR -2.934982 0.572655 -5.1252 4.578e-07 ***
idRUS 0.764390 0.581442 1.3146 0.1893611
idSGP -2.897570 0.508927 -5.6935 2.369e-08 ***
idSWE -1.803523 0.364424 -4.9490 1.089e-06 ***
idTWN 0.788404 0.098814 7.9786 1.480e-14 ***
idUSA 3.892814 0.840834 4.6297 4.915e-06 ***
time2001 12.337897 5.004673 2.4653 0.0140976 *
time2002 12.257698 5.006264 2.4485 0.0147624 *
time2003 12.346135 5.007664 2.4654 0.0140909 *
time2004 12.417424 5.009814 2.4786 0.0135886 *
time2005 12.525339 5.012028 2.4991 0.0128408 *
time2006 12.579192 5.013761 2.5089 0.0124926 *
time2007 12.747555 5.015506 2.5416 0.0113992 *
time2008 12.794297 5.019119 2.5491 0.0111613 *
time2009 12.859062 5.021071 2.5610 0.0107918 *
time2010 12.842979 5.023181 2.5567 0.0109233 *
time2011 12.845963 5.025127 2.5563 0.0109355 *
time2012 12.731106 5.027301 2.5324 0.0116991 *
time2013 12.611530 5.029326 2.5076 0.0125392 *
time2014 12.639501 5.031509 2.5121 0.0123839 *
time2015 12.552369 5.033648 2.4937 0.0130335 *
time2016 12.678786 5.035908 2.5177 0.0121915 *
time2017 12.724820 5.037701 2.5259 0.0119135 *
time2018 12.675179 5.039586 2.5151 0.0122788 *
time2019 12.584294 5.041674 2.4961 0.0129483 *
iis41 -0.689080 0.173875 -3.9631 8.720e-05 ***
iis43 -0.605593 0.173469 -3.4911 0.0005331 ***
iis57 -0.603423 0.173266 -3.4826 0.0005497 ***
iis58 -0.694831 0.175447 -3.9603 8.817e-05 ***
iis62 0.519553 0.174633 2.9751 0.0031012 **
iis63 0.520295 0.174860 2.9755 0.0030974 **
iis72 0.661070 0.174370 3.7912 0.0001723 ***
iis74 -0.675952 0.174744 -3.8682 0.0001274 ***
iis75 0.518671 0.174702 2.9689 0.0031633 **
iis407 0.486916 0.176406 2.7602 0.0060343 **
fesisCHN.2015 0.337080 0.105775 3.1868 0.0015484 **
fesisESP.2003 0.662353 0.128292 5.1629 3.792e-07 ***
fesisRUS.2007 -0.438506 0.093759 -4.6770 3.953e-06 ***
fesisSGP.2003 1.228705 0.154427 7.9566 1.728e-14 ***
fesisSGP.2006 -0.980826 0.195988 -5.0045 8.312e-07 ***
fesisSGP.2007 0.861289 0.179394 4.8011 2.212e-06 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 4.6453 1 0.031139 *
Ljung-Box ARCH(1) 9.1710 1 0.002459 **
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.16425
R-squared 0.98952
Log-lik.(n=475) 215.52351 0.05
Formula: ihs_count_energy~ lgdp + lpop + lbrown
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Fri Mar 22 14:29:32 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.601387 0.027958 21.5106 < 2.2e-16 ***
lgdp 0.515915 0.104162 4.9530 1.091e-06 ***
lpop -1.035637 0.322092 -3.2153 0.0014115 **
lbrown 0.036729 0.015052 2.4401 0.0151269 *
idAUT -0.177394 0.267778 -0.6625 0.5080643
idBEL -0.133604 0.201112 -0.6643 0.5068726
idBRA 1.117310 0.658977 1.6955 0.0907746 .
idCAN 0.868523 0.170949 5.0806 5.846e-07 ***
idCHE -0.537573 0.295278 -1.8206 0.0694393 .
idCHN 3.149413 1.194913 2.6357 0.0087318 **
idDEU 2.003946 0.424188 4.7242 3.230e-06 ***
idDNK -1.359210 0.457873 -2.9685 0.0031770 **
idESP 0.646333 0.282752 2.2859 0.0227976 *
idFIN -0.712152 0.392409 -1.8148 0.0703193 .
idFRA 1.452335 0.354400 4.0980 5.071e-05 ***
idGBR 1.416657 0.350881 4.0374 6.507e-05 ***
idIND 2.060422 1.139618 1.8080 0.0713777 .
idISR -0.942287 0.323019 -2.9171 0.0037371 **
idITA 1.107854 0.324827 3.4106 0.0007159 ***
idJPN 0.179589 0.547214 0.3282 0.7429462
idKOR -1.604330 0.573523 -2.7973 0.0054081 **
idNLD 0.195897 0.106125 1.8459 0.0656630 .
idNOR -2.229281 0.529144 -4.2130 3.133e-05 ***
idRUS -0.243250 0.538078 -0.4521 0.6514687
idSGP -1.877786 0.464168 -4.0455 6.296e-05 ***
idSWE -1.436122 0.332574 -4.3182 1.998e-05 ***
idTWN 0.748219 0.089695 8.3418 1.277e-15 ***
idUSA 2.650494 0.775799 3.4165 0.0007011 ***
time2001 4.779197 4.622857 1.0338 0.3018615
time2002 4.687287 4.622840 1.0139 0.3112396
time2003 4.809116 4.624874 1.0398 0.2990598
time2004 4.896450 4.626181 1.0584 0.2905184
time2005 4.942414 4.628213 1.0679 0.2862314
time2006 4.991729 4.630634 1.0780 0.2817092
time2007 5.150055 4.632927 1.1116 0.2669863
time2008 5.173476 4.635304 1.1161 0.2650653
time2009 5.234540 4.637294 1.1288 0.2596794
time2010 5.235129 4.638721 1.1286 0.2597723
time2011 5.235209 4.640744 1.1281 0.2599725
time2012 5.108766 4.642357 1.1005 0.2718070
time2013 5.002965 4.644155 1.0773 0.2820297
time2014 5.016974 4.646030 1.0798 0.2808803
time2015 4.944509 4.648056 1.0638 0.2880866
time2016 5.030018 4.649914 1.0817 0.2800346
time2017 5.096245 4.651694 1.0956 0.2739442
time2018 5.024928 4.653312 1.0799 0.2808717
time2019 4.950558 4.655308 1.0634 0.2882485
iis41 -0.756101 0.151936 -4.9764 9.735e-07 ***
iis43 -0.626106 0.151166 -4.1418 4.227e-05 ***
iis49 -0.469946 0.151572 -3.1005 0.0020724 **
iis57 -0.641998 0.150983 -4.2521 2.653e-05 ***
iis58 -0.624115 0.153704 -4.0605 5.920e-05 ***
iis62 0.573904 0.152446 3.7646 0.0001925 ***
iis63 0.552726 0.152344 3.6281 0.0003234 ***
iis71 0.370602 0.152027 2.4377 0.0152251 *
iis72 0.661184 0.152009 4.3496 1.743e-05 ***
iis74 -0.663420 0.152360 -4.3543 1.708e-05 ***
iis75 0.570518 0.152672 3.7369 0.0002141 ***
iis98 -0.494664 0.151354 -3.2682 0.0011781 **
iis156 -0.426606 0.159854 -2.6687 0.0079319 **
iis173 -0.467081 0.206523 -2.2616 0.0242696 *
iis248 0.324594 0.158315 2.0503 0.0410025 *
iis255 0.450557 0.151088 2.9821 0.0030426 **
iis272 0.442817 0.151581 2.9213 0.0036882 **
iis382 0.452351 0.163382 2.7687 0.0058972 **
iis385 0.483276 0.164393 2.9398 0.0034801 **
iis400 -0.527632 0.179642 -2.9371 0.0035092 **
iis402 1.124509 0.180863 6.2174 1.301e-09 ***
iis403 0.674839 0.179252 3.7647 0.0001924 ***
iis404 1.066832 0.179045 5.9584 5.696e-09 ***
iis406 0.457658 0.163159 2.8050 0.0052839 **
iis407 0.783215 0.159720 4.9037 1.383e-06 ***
iis408 0.599560 0.159631 3.7559 0.0001991 ***
iis410 0.409324 0.160060 2.5573 0.0109257 *
iis411 0.375733 0.157757 2.3817 0.0177109 *
iis415 0.622107 0.158094 3.9350 9.848e-05 ***
iis417 0.402399 0.158227 2.5432 0.0113703 *
fesisCAN.2004 -0.271329 0.093706 -2.8955 0.0039980 **
fesisCHN.2015 0.304471 0.093022 3.2731 0.0011586 **
fesisDNK.2007 0.196540 0.080058 2.4550 0.0145251 *
fesisESP.2003 0.384777 0.152643 2.5208 0.0121082 *
fesisNOR.2012 -0.270420 0.086783 -3.1161 0.0019685 **
fesisNOR.2016 0.373267 0.103191 3.6172 0.0003369 ***
fesisRUS.2007 -0.234535 0.093409 -2.5108 0.0124483 *
fesisSGP.2007 0.508141 0.130665 3.8889 0.0001184 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 4.1498 1 0.041640 *
Ljung-Box ARCH(1) 9.3546 1 0.002224 **
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.14267
R-squared 0.99252
Log-lik.(n=475) 293.43073 Max Count Energy
0.01
Formula: max_count_energy~ lgdp + lpop + lbrown
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Fri Mar 22 14:31:31 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.81630315 0.01619798 50.3954 < 2.2e-16 ***
lgdp 0.01842767 0.00487062 3.7834 0.0001781 ***
lpop -0.04814443 0.01603387 -3.0027 0.0028429 **
lbrown 0.00119311 0.00079652 1.4979 0.1349396
idAUT -0.01667107 0.01350368 -1.2346 0.2177145
idBEL -0.00958055 0.01013511 -0.9453 0.3450806
idBRA 0.08672238 0.03327959 2.6059 0.0095036 **
idCAN 0.02036874 0.00766111 2.6587 0.0081563 **
idCHE -0.03172423 0.01490257 -2.1288 0.0338787 *
idCHN 0.16018238 0.05988298 2.6749 0.0077790 **
idDEU 0.08226210 0.02183073 3.7682 0.0001890 ***
idDNK -0.06489360 0.02261984 -2.8689 0.0043360 **
idESP 0.04229626 0.01310334 3.2279 0.0013490 **
idFIN -0.03327900 0.01978319 -1.6822 0.0933074 .
idFRA 0.05669592 0.01744656 3.2497 0.0012523 **
idGBR 0.05442531 0.01723493 3.1579 0.0017090 **
idIND 0.12089399 0.05722259 2.1127 0.0352411 *
idISR -0.04156006 0.01616622 -2.5708 0.0105045 *
idITA 0.04682440 0.01610527 2.9074 0.0038459 **
idJPN 0.07686169 0.02931343 2.6221 0.0090710 **
idKOR -0.04849063 0.02765425 -1.7535 0.0802833 .
idNLD 0.00232227 0.00537173 0.4323 0.6657454
idNOR -0.08740874 0.02569978 -3.4011 0.0007381 ***
idRUS 0.01548445 0.02598594 0.5959 0.5515913
idSGP -0.04467628 0.02127892 -2.0996 0.0363893 *
idSWE -0.05816191 0.01632010 -3.5638 0.0004093 ***
idTWN 0.01977328 0.00411375 4.8066 2.170e-06 ***
idUSA 0.14250443 0.03909238 3.6453 0.0003020 ***
time2001 0.29394488 0.23155222 1.2695 0.2050118
time2002 0.29244189 0.23164373 1.2625 0.2075119
time2003 0.29343407 0.23173316 1.2663 0.2061520
time2004 0.29693681 0.23184014 1.2808 0.2010066
time2005 0.29858762 0.23194002 1.2873 0.1987117
time2006 0.29686462 0.23202151 1.2795 0.2014676
time2007 0.30099629 0.23218295 1.2964 0.1955880
time2008 0.30046302 0.23233460 1.2932 0.1966709
time2009 0.30312788 0.23249673 1.3038 0.1930480
time2010 0.30301071 0.23262046 1.3026 0.1934563
time2011 0.30085955 0.23272857 1.2927 0.1968387
time2012 0.29439224 0.23286998 1.2642 0.2068920
time2013 0.29337780 0.23293763 1.2595 0.2085898
time2014 0.29501165 0.23305288 1.2659 0.2062955
time2015 0.29359643 0.23313529 1.2593 0.2086367
time2016 0.29680321 0.23322217 1.2726 0.2038866
time2017 0.29986201 0.23333063 1.2851 0.1994822
time2018 0.29859641 0.23343166 1.2792 0.2015768
time2019 0.29217819 0.23355377 1.2510 0.2116565
iis132 0.02510863 0.00964432 2.6035 0.0095695 **
iis146 -0.06050770 0.00898630 -6.7333 5.728e-11 ***
iis313 0.07131475 0.01001743 7.1191 5.018e-12 ***
iis314 0.22184392 0.00941717 23.5574 < 2.2e-16 ***
iis315 0.10062542 0.00930796 10.8107 < 2.2e-16 ***
iis316 -0.05092620 0.00960001 -5.3048 1.865e-07 ***
iis317 -0.07498418 0.00927777 -8.0821 7.496e-15 ***
iis323 -0.14422357 0.00911430 -15.8239 < 2.2e-16 ***
iis332 0.03709437 0.01067172 3.4760 0.0005644 ***
iis333 0.04142126 0.01031228 4.0167 7.041e-05 ***
iis336 0.04137949 0.01021987 4.0489 6.172e-05 ***
iis339 0.07101222 0.00965320 7.3563 1.068e-12 ***
iis463 0.03696035 0.00959783 3.8509 0.0001368 ***
iis464 0.05269111 0.00925718 5.6919 2.422e-08 ***
iis465 0.04823499 0.00912392 5.2867 2.046e-07 ***
iis470 -0.06269377 0.00939159 -6.6755 8.179e-11 ***
fesisCHN.2016 0.08437694 0.00668746 12.6172 < 2.2e-16 ***
fesisDEU.2007 0.05653113 0.00544036 10.3911 < 2.2e-16 ***
fesisDEU.2012 -0.04842625 0.00496219 -9.7591 < 2.2e-16 ***
fesisJPN.2009 0.04138366 0.00700987 5.9036 7.556e-09 ***
fesisKOR.2009 0.05995060 0.00798505 7.5079 3.898e-13 ***
fesisKOR.2014 -0.06377041 0.00842219 -7.5717 2.538e-13 ***
fesisKOR.2016 0.03966469 0.00760150 5.2180 2.901e-07 ***
fesisUSA.2006 0.05546413 0.00749238 7.4027 7.854e-13 ***
fesisUSA.2014 -0.04982030 0.00541881 -9.1940 < 2.2e-16 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.0010054 1 0.974705
Ljung-Box ARCH(1) 10.2381166 1 0.001376 **
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.00814
R-squared 0.99819
Log-lik.(n=475) 1647.06582 0.05
Formula: max_count_energy~ lgdp + lpop + lbrown
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Fri Mar 22 14:31:32 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.86695035 0.01693313 51.1985 < 2.2e-16 ***
lgdp 0.01518520 0.00465074 3.2651 0.0011889 **
lpop -0.03718451 0.01530340 -2.4298 0.0155478 *
lbrown 0.00117582 0.00075252 1.5625 0.1189628
idAUT -0.01129369 0.01281769 -0.8811 0.3787942
idBEL -0.00611546 0.00961292 -0.6362 0.5250306
idBRA 0.06604903 0.03171964 2.0823 0.0379555 *
idCAN 0.01482184 0.00731955 2.0250 0.0435380 *
idCHE -0.02366778 0.01417837 -1.6693 0.0958466 .
idCHN 0.12225556 0.05708293 2.1417 0.0328226 *
idDEU 0.06300466 0.02092190 3.0114 0.0027661 **
idDNK -0.05021850 0.02157355 -2.3278 0.0204243 *
idESP 0.03281881 0.01251970 2.6214 0.0090933 **
idFIN -0.02403898 0.01879619 -1.2789 0.2016676
idFRA 0.04290921 0.01669465 2.5702 0.0105257 *
idGBR 0.04128603 0.01648203 2.5049 0.0126470 *
idIND 0.08949973 0.05445528 1.6435 0.1010598
idISR -0.03144103 0.01540938 -2.0404 0.0419718 *
idITA 0.03567496 0.01537587 2.3202 0.0208354 *
idJPN 0.04811865 0.02808692 1.7132 0.0874536 .
idKOR -0.04054527 0.02624428 -1.5449 0.1231607
idNLD 0.00225243 0.00508392 0.4431 0.6579696
idNOR -0.06854675 0.02455372 -2.7917 0.0054958 **
idRUS 0.00776916 0.02464130 0.3153 0.7527067
idSGP -0.03298313 0.02024803 -1.6290 0.1041139
idSWE -0.04593712 0.01560168 -2.9444 0.0034259 **
idTWN 0.01595154 0.00394337 4.0452 6.282e-05 ***
idUSA 0.10969872 0.03743273 2.9306 0.0035786 **
time2001 0.20051457 0.21983330 0.9121 0.3622572
time2002 0.19880502 0.21992246 0.9040 0.3665540
time2003 0.19845392 0.22000995 0.9020 0.3675905
time2004 0.20311349 0.22010996 0.9228 0.3566799
time2005 0.20449320 0.22020779 0.9286 0.3536399
time2006 0.20223856 0.22031288 0.9180 0.3591954
time2007 0.20548284 0.22044437 0.9321 0.3518344
time2008 0.20683802 0.22057669 0.9377 0.3489597
time2009 0.20789181 0.22074683 0.9418 0.3468838
time2010 0.20753566 0.22086103 0.9397 0.3479587
time2011 0.20505641 0.22096761 0.9280 0.3539736
time2012 0.19816927 0.22112287 0.8962 0.3706902
time2013 0.19770407 0.22116347 0.8939 0.3719010
time2014 0.19935125 0.22127801 0.9009 0.3681818
time2015 0.19808766 0.22135410 0.8949 0.3713865
time2016 0.20144365 0.22144331 0.9097 0.3635392
time2017 0.20413080 0.22153579 0.9214 0.3573816
time2018 0.20333569 0.22163036 0.9175 0.3594603
time2019 0.19766869 0.22173295 0.8915 0.3732147
iis130 0.08430258 0.00854818 9.8620 < 2.2e-16 ***
iis131 0.08986893 0.00894275 10.0494 < 2.2e-16 ***
iis132 0.09671532 0.00952516 10.1537 < 2.2e-16 ***
iis133 0.04943112 0.01024711 4.8239 2.008e-06 ***
iis146 -0.06451277 0.00851633 -7.5752 2.535e-13 ***
iis307 0.03112516 0.00862508 3.6087 0.0003470 ***
iis311 0.03240328 0.00868234 3.7321 0.0002175 ***
iis313 0.14167233 0.01038160 13.6465 < 2.2e-16 ***
iis314 0.28627684 0.00981589 29.1646 < 2.2e-16 ***
iis315 0.15261611 0.00987073 15.4615 < 2.2e-16 ***
iis317 -0.08050133 0.00880854 -9.1390 < 2.2e-16 ***
iis323 -0.14605685 0.00861926 -16.9454 < 2.2e-16 ***
iis332 0.04709582 0.01016720 4.6321 4.910e-06 ***
iis333 0.04635127 0.00975374 4.7522 2.816e-06 ***
iis336 0.03913687 0.00966366 4.0499 6.161e-05 ***
iis339 0.07450472 0.00914838 8.1440 4.978e-15 ***
iis462 0.02761462 0.01043188 2.6471 0.0084400 **
iis463 0.05312857 0.00975268 5.4476 8.962e-08 ***
iis464 0.06204815 0.00916532 6.7699 4.636e-11 ***
iis465 0.05433784 0.00888770 6.1138 2.323e-09 ***
iis470 -0.06966992 0.00893037 -7.8015 5.438e-14 ***
fesisDEU.2007 0.05018538 0.00525796 9.5446 < 2.2e-16 ***
fesisDEU.2012 -0.04843884 0.00468695 -10.3348 < 2.2e-16 ***
fesisJPN.2008 -0.02717346 0.00837168 -3.2459 0.0012700 **
fesisJPN.2013 0.05785673 0.00662402 8.7344 < 2.2e-16 ***
fesisKOR.2009 0.04560775 0.00778977 5.8548 9.999e-09 ***
fesisKOR.2014 -0.06756664 0.00797861 -8.4685 4.849e-16 ***
fesisKOR.2016 0.03982597 0.00718098 5.5460 5.336e-08 ***
fesisUSA.2006 0.03321932 0.00852075 3.8986 0.0001135 ***
fesisUSA.2014 -0.04037696 0.00580533 -6.9552 1.453e-11 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.006658 1 0.93497
Ljung-Box ARCH(1) 6.081183 1 0.01366 *
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.00769
R-squared 0.99840
Log-lik.(n=475) 1676.63199 Solar
Count Solar
0.01
Formula: count_solar~ gdp + pop + brown_patents
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Fri Mar 22 14:27:15 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 9.0577e-01 1.4388e-02 62.9525 < 2.2e-16 ***
gdp -3.3795e-13 3.9279e-14 -8.6038 < 2.2e-16 ***
pop 1.2570e-07 6.2878e-08 1.9991 0.0462631 *
brown_patents 2.9496e-02 1.1689e-02 2.5235 0.0119985 *
idAUT -3.8702e-01 8.1031e+00 -0.0478 0.9619296
idBEL -1.7935e+00 8.0902e+00 -0.2217 0.8246687
idBRA -2.5464e+01 1.3546e+01 -1.8798 0.0608472 .
idCAN -4.0627e+00 8.1529e+00 -0.4983 0.6185276
idCHE 1.0606e+00 8.1014e+00 0.1309 0.8959096
idCHN -1.3088e+02 8.2019e+01 -1.5958 0.1113156
idDEU 5.6848e+01 1.1377e+01 4.9968 8.673e-07 ***
idDNK -1.5536e+00 8.1383e+00 -0.1909 0.8486986
idESP -2.5754e+00 8.1836e+00 -0.3147 0.7531458
idFIN -2.2768e+00 8.1483e+00 -0.2794 0.7800603
idFRA -3.2189e-01 8.6450e+00 -0.0372 0.9703162
idGBR -5.7570e+00 8.5207e+00 -0.6756 0.4996490
idIND -1.2634e+02 7.6305e+01 -1.6557 0.0985489 .
idISR 2.9722e+00 8.1032e+00 0.3668 0.7139590
idITA -3.2172e+00 8.3888e+00 -0.3835 0.7015414
idJPN 2.0168e+02 2.1893e+01 9.2125 < 2.2e-16 ***
idKOR 3.7828e+02 4.3763e+01 8.6439 < 2.2e-16 ***
idNLD 2.5388e-01 8.0643e+00 0.0315 0.9749007
idNOR -2.8035e+00 8.1847e+00 -0.3425 0.7321290
idRUS 4.3121e+00 1.1171e+01 0.3860 0.6996832
idSGP -2.0472e+00 8.1409e+00 -0.2515 0.8015769
idSWE -9.2201e-01 8.1098e+00 -0.1137 0.9095395
idTWN 1.1284e+01 8.1402e+00 1.3862 0.1664460
idUSA 1.4131e+00 2.3438e+01 0.0603 0.9519557
time2001 -7.2564e+00 7.5432e+00 -0.9620 0.3366340
time2002 -8.7541e+00 7.5450e+00 -1.1602 0.2466282
time2003 -2.6763e+00 7.5515e+00 -0.3544 0.7232166
time2004 6.2397e-01 7.5585e+00 0.0826 0.9342483
time2005 8.1219e+00 7.5682e+00 1.0732 0.2838339
time2006 6.8106e+00 7.6306e+00 0.8925 0.3726340
time2007 1.5013e+01 7.6592e+00 1.9601 0.0506685 .
time2008 1.9961e+01 7.8231e+00 2.5516 0.0110884 *
time2009 2.9381e+01 7.8155e+00 3.7594 0.0001953 ***
time2010 8.0879e+00 7.8853e+00 1.0257 0.3056435
time2011 1.0976e+01 7.9823e+00 1.3751 0.1698680
time2012 -7.7816e+00 7.9297e+00 -0.9813 0.3270188
time2013 -7.8727e+00 7.8851e+00 -0.9984 0.3186633
time2014 -1.5082e+01 7.8084e+00 -1.9315 0.0541156 .
time2015 -9.3453e-02 7.7324e+00 -0.0121 0.9903630
time2016 -9.0665e-01 7.8045e+00 -0.1162 0.9075745
time2017 -4.6235e+00 7.8629e+00 -0.5880 0.5568436
time2018 8.3827e+00 7.7771e+00 1.0779 0.2817264
time2019 -7.9831e+00 7.8413e+00 -1.0181 0.3092466
iis131 1.0867e+02 2.9293e+01 3.7096 0.0002364 ***
iis141 1.5082e+02 2.6658e+01 5.6576 2.898e-08 ***
iis145 -1.1632e+02 2.7996e+01 -4.1548 3.970e-05 ***
iis146 -1.2979e+02 2.7534e+01 -4.7137 3.345e-06 ***
iis312 2.4992e+02 2.6957e+01 9.2712 < 2.2e-16 ***
iis313 4.1590e+02 2.7051e+01 15.3746 < 2.2e-16 ***
iis314 4.6925e+02 2.8190e+01 16.6461 < 2.2e-16 ***
iis316 -1.6808e+02 2.8964e+01 -5.8031 1.310e-08 ***
iis321 -8.3974e+01 2.7412e+01 -3.0635 0.0023333 **
iis339 2.6421e+02 2.7042e+01 9.7703 < 2.2e-16 ***
iis462 3.3820e+02 2.8873e+01 11.7134 < 2.2e-16 ***
iis463 2.7196e+02 2.8535e+01 9.5308 < 2.2e-16 ***
iis464 4.7098e+02 2.8557e+01 16.4924 < 2.2e-16 ***
iis465 2.9794e+02 2.8842e+01 10.3304 < 2.2e-16 ***
iis466 1.9825e+02 2.8994e+01 6.8376 2.961e-11 ***
fesisCHN.2015 1.4500e+02 1.7449e+01 8.3097 1.446e-15 ***
fesisCHN.2019 -3.4057e+02 2.9980e+01 -11.3599 < 2.2e-16 ***
fesisDEU.2012 -7.5097e+01 1.3152e+01 -5.7098 2.184e-08 ***
fesisJPN.2012 -6.0193e+01 1.4331e+01 -4.2002 3.279e-05 ***
fesisKOR.2007 2.0727e+02 2.1686e+01 9.5578 < 2.2e-16 ***
fesisUSA.2006 -1.0497e+02 1.8833e+01 -5.5736 4.548e-08 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 16.244 1 5.567e-05 ***
Ljung-Box ARCH(1) 52.863 1 3.577e-13 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 24.82013
R-squared 0.99182
Log-lik.(n=475) -2165.53197 0.05
Formula: count_solar~ gdp + pop + brown_patents
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Fri Mar 22 14:27:14 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 8.1571e-01 1.5044e-02 54.2229 < 2.2e-16 ***
gdp -1.0535e-13 3.7467e-14 -2.8119 0.0051713 **
pop 4.6994e-08 5.0206e-08 0.9360 0.3498373
brown_patents 7.4480e-02 1.0821e-02 6.8829 2.321e-11 ***
idAUT -2.8401e+00 6.4003e+00 -0.4437 0.6574740
idBEL -4.3603e+00 6.3907e+00 -0.6823 0.4954627
idBRA -1.6228e+01 1.0785e+01 -1.5046 0.1332167
idCAN -7.3000e+00 6.4549e+00 -1.1309 0.2587796
idCHE 2.5048e-01 6.3968e+00 0.0392 0.9687852
idCHN -3.6507e+01 6.5318e+01 -0.5589 0.5765371
idDEU 3.8846e+01 1.0037e+01 3.8702 0.0001272 ***
idDNK -6.0348e+00 6.4348e+00 -0.9378 0.3489088
idESP -8.4860e-01 6.4632e+00 -0.1313 0.8956079
idFIN -7.3884e+00 6.4508e+00 -1.1453 0.2527628
idFRA 1.9358e+00 6.8097e+00 0.2843 0.7763474
idGBR -5.3633e+00 6.7287e+00 -0.7971 0.4258848
idIND -5.3838e+01 6.0723e+01 -0.8866 0.3758321
idISR 2.0307e+00 6.3980e+00 0.3174 0.7511062
idITA 2.3106e-01 6.6243e+00 0.0349 0.9721921
idJPN 1.1153e+02 2.0168e+01 5.5301 5.840e-08 ***
idKOR 1.2753e+02 4.1306e+01 3.0873 0.0021626 **
idNLD -1.2315e+00 6.3691e+00 -0.1934 0.8467761
idNOR -1.0029e+01 6.4985e+00 -1.5432 0.1235814
idRUS -9.1803e+00 8.9051e+00 -1.0309 0.3032173
idSGP -6.1849e+00 6.4361e+00 -0.9610 0.3371616
idSWE -5.3001e+00 6.4120e+00 -0.8266 0.4089629
idTWN 1.9005e+01 6.4795e+00 2.9331 0.0035522 **
idUSA -2.8569e+01 1.9780e+01 -1.4443 0.1494391
time2001 -1.1535e+00 5.9652e+00 -0.1934 0.8467740
time2002 -3.2322e+00 5.9634e+00 -0.5420 0.5881254
time2003 2.4976e+00 5.9677e+00 0.4185 0.6757909
time2004 5.6722e+00 5.9728e+00 0.9497 0.3428539
time2005 9.4892e+00 6.0275e+00 1.5743 0.1162171
time2006 1.0635e+01 6.0380e+00 1.7614 0.0789440 .
time2007 1.7750e+01 6.0739e+00 2.9223 0.0036751 **
time2008 2.1758e+01 6.2374e+00 3.4884 0.0005408 ***
time2009 3.1271e+01 6.2299e+00 5.0195 7.862e-07 ***
time2010 1.6669e+01 6.2675e+00 2.6595 0.0081445 **
time2011 1.2966e+01 6.3611e+00 2.0383 0.0421830 *
time2012 4.3933e+00 6.3347e+00 0.6935 0.4883878
time2013 -2.9234e+00 6.2834e+00 -0.4653 0.6420000
time2014 -4.3843e+00 6.2129e+00 -0.7057 0.4808018
time2015 1.8819e+00 6.1782e+00 0.3046 0.7608303
time2016 3.4240e+00 6.2615e+00 0.5468 0.5848022
time2017 7.1618e+00 6.3265e+00 1.1320 0.2583099
time2018 9.6385e+00 6.2388e+00 1.5449 0.1231627
time2019 -8.6690e+00 6.2016e+00 -1.3979 0.1629387
iis129 1.0154e+02 2.0920e+01 4.8540 1.747e-06 ***
iis130 1.6653e+02 2.1253e+01 7.8357 4.384e-14 ***
iis131 2.6294e+02 2.1616e+01 12.1639 < 2.2e-16 ***
iis132 2.0757e+02 2.2497e+01 9.2264 < 2.2e-16 ***
iis133 -1.4486e+02 2.3331e+01 -6.2090 1.354e-09 ***
iis141 9.6308e+01 2.2576e+01 4.2659 2.495e-05 ***
iis145 -8.2952e+01 2.2533e+01 -3.6814 0.0002643 ***
iis146 -1.0848e+02 2.1836e+01 -4.9680 1.010e-06 ***
iis312 1.1556e+02 3.2464e+01 3.5598 0.0004165 ***
iis313 3.1423e+02 3.0613e+01 10.2646 < 2.2e-16 ***
iis314 3.9479e+02 2.8880e+01 13.6697 < 2.2e-16 ***
iis316 -1.2188e+02 2.3823e+01 -5.1162 4.881e-07 ***
iis321 -1.1372e+02 2.2050e+01 -5.1575 3.973e-07 ***
iis322 -7.6168e+01 2.2427e+01 -3.3963 0.0007526 ***
iis331 1.0278e+02 2.3619e+01 4.3515 1.725e-05 ***
iis332 1.1391e+02 2.3206e+01 4.9089 1.344e-06 ***
iis334 1.0796e+02 2.1666e+01 4.9829 9.396e-07 ***
iis339 2.4782e+02 2.1694e+01 11.4235 < 2.2e-16 ***
iis340 -1.0341e+02 2.2229e+01 -4.6521 4.493e-06 ***
iis461 9.3429e+01 2.1682e+01 4.3091 2.073e-05 ***
iis462 2.6521e+02 2.1414e+01 12.3852 < 2.2e-16 ***
iis463 2.2579e+02 2.1695e+01 10.4075 < 2.2e-16 ***
iis464 4.4275e+02 2.2205e+01 19.9390 < 2.2e-16 ***
iis465 3.0058e+02 2.3858e+01 12.5990 < 2.2e-16 ***
iis466 2.0634e+02 2.4608e+01 8.3852 9.105e-16 ***
iis468 -9.4207e+01 2.2733e+01 -4.1441 4.179e-05 ***
iis470 -2.0357e+02 2.5572e+01 -7.9605 1.848e-14 ***
iis472 -1.0388e+02 2.1685e+01 -4.7905 2.360e-06 ***
iis473 -1.3341e+02 2.1286e+01 -6.2674 9.639e-10 ***
fesisDEU.2007 1.0198e+02 1.4124e+01 7.2199 2.701e-12 ***
fesisDEU.2012 -1.3958e+02 1.3546e+01 -10.3043 < 2.2e-16 ***
fesisJPN.2008 1.4549e+02 2.7181e+01 5.3527 1.474e-07 ***
fesisJPN.2012 -1.5583e+02 2.4063e+01 -6.4760 2.809e-10 ***
fesisKOR.2007 1.2570e+02 2.1722e+01 5.7869 1.464e-08 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 2.5131 1 0.1129
Ljung-Box ARCH(1) 21.8443 1 2.957e-06 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 19.59616
R-squared 0.99506
Log-lik.(n=475) -2046.77932 Log Count Solar
0.01
Formula: log_count_solar~ lgdp + lpop + lbrown
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Fri Mar 22 14:28:25 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.305554 0.038221 7.9943 1.313e-14 ***
lgdp 0.993298 0.191786 5.1792 3.486e-07 ***
lpop -0.857035 0.559329 -1.5323 0.1262230
lbrown 0.084523 0.029249 2.8898 0.0040573 **
idAUT 0.323115 0.468110 0.6903 0.4904206
idBEL 0.213572 0.352958 0.6051 0.5454489
idBRA -0.957416 1.160026 -0.8253 0.4096539
idCAN -0.069410 0.265189 -0.2617 0.7936554
idCHE -0.044981 0.514735 -0.0874 0.9304068
idCHN 0.686969 2.056929 0.3340 0.7385652
idDEU 1.650734 0.703078 2.3479 0.0193512 *
idDNK -2.311157 0.800457 -2.8873 0.0040893 **
idESP -0.296564 0.484929 -0.6116 0.5411633
idFIN -0.384077 0.680358 -0.5645 0.5727044
idFRA 0.960064 0.598354 1.6045 0.1093646
idGBR 0.849575 0.595088 1.4276 0.1541478
idIND -0.998654 1.975256 -0.5056 0.6134193
idISR -0.480671 0.559426 -0.8592 0.3907160
idITA 0.799793 0.560358 1.4273 0.1542505
idJPN -2.623466 0.989188 -2.6521 0.0083056 **
idKOR -5.268373 1.094840 -4.8120 2.097e-06 ***
idNLD 0.445600 0.197276 2.2588 0.0244175 *
idNOR -3.220223 0.911081 -3.5345 0.0004546 ***
idRUS -3.662645 0.929268 -3.9414 9.507e-05 ***
idSGP -0.739598 0.728208 -1.0156 0.3103934
idSWE -2.411665 0.589849 -4.0886 5.215e-05 ***
idTWN 0.477166 0.185966 2.5659 0.0106427 *
idUSA 1.355091 1.306370 1.0373 0.3002040
time2001 -11.581302 8.049602 -1.4387 0.1509791
time2002 -11.551515 8.050048 -1.4350 0.1520528
time2003 -11.380680 8.052638 -1.4133 0.1583231
time2004 -11.320926 8.055175 -1.4054 0.1606456
time2005 -11.195763 8.058053 -1.3894 0.1654615
time2006 -11.036316 8.062143 -1.3689 0.1717709
time2007 -10.826764 8.065027 -1.3424 0.1801911
time2008 -10.608006 8.066535 -1.3151 0.1892164
time2009 -10.416986 8.068239 -1.2911 0.1973859
time2010 -10.491729 8.069912 -1.3001 0.1942885
time2011 -10.575540 8.072969 -1.3100 0.1909243
time2012 -10.583940 8.076467 -1.3105 0.1907646
time2013 -10.906745 8.079404 -1.3499 0.1777714
time2014 -10.922311 8.084796 -1.3510 0.1774431
time2015 -11.053757 8.089051 -1.3665 0.1725211
time2016 -10.975016 8.093812 -1.3560 0.1758459
time2017 -11.053928 8.096806 -1.3652 0.1729250
time2018 -11.113601 8.100405 -1.3720 0.1708123
time2019 -11.274529 8.104267 -1.3912 0.1649167
iis67 -0.917892 0.318594 -2.8811 0.0041694 **
iis156 -1.104563 0.315844 -3.4972 0.0005211 ***
iis164 -1.136699 0.314900 -3.6097 0.0003441 ***
iis187 -1.118543 0.315610 -3.5441 0.0004389 ***
iis325 -0.992074 0.336787 -2.9457 0.0034041 **
iis363 -1.152782 0.315601 -3.6527 0.0002928 ***
iis382 1.371553 0.321616 4.2646 2.484e-05 ***
iis383 1.204244 0.321542 3.7452 0.0002058 ***
iis405 -1.791627 0.318310 -5.6286 3.355e-08 ***
fesisBRA.2014 0.811450 0.156220 5.1943 3.231e-07 ***
fesisCHN.2015 0.659861 0.194897 3.3857 0.0007778 ***
fesisESP.2003 1.296840 0.232829 5.5699 4.594e-08 ***
fesisKOR.2007 0.639235 0.172064 3.7151 0.0002310 ***
fesisTWN.2007 0.824418 0.162225 5.0819 5.666e-07 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.79813 1 0.3717
Ljung-Box ARCH(1) 20.62375 1 5.59e-06 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.29947
R-squared 0.96884
Log-lik.(n=475) -70.76430 0.05
Formula: log_count_solar~ lgdp + lpop + lbrown
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Fri Mar 22 14:29:23 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.297168 0.034892 8.5167 3.459e-16 ***
lgdp 1.032838 0.171506 6.0222 3.932e-09 ***
lpop 0.133193 0.522997 0.2547 0.7991088
lbrown 0.064639 0.026362 2.4519 0.0146396 *
idAUT 0.902850 0.429057 2.1043 0.0359851 *
idBEL 0.415962 0.325093 1.2795 0.2014644
idBRA -3.365155 1.130167 -2.9776 0.0030840 **
idCAN -0.959955 0.293490 -3.2708 0.0011663 **
idCHE 0.506511 0.471284 1.0747 0.2831427
idCHN -3.995221 1.980668 -2.0171 0.0443586 *
idDEU -0.146141 0.691208 -0.2114 0.8326616
idDNK -1.554220 0.730752 -2.1269 0.0340480 *
idESP -1.413499 0.478463 -2.9542 0.0033214 **
idFIN 0.502417 0.625014 0.8038 0.4219665
idFRA -0.603995 0.594022 -1.0168 0.3098747
idGBR -0.684485 0.590089 -1.1600 0.2467601
idIND -5.721540 1.915102 -2.9876 0.0029869 **
idISR 0.021440 0.512106 0.0419 0.9666271
idITA -0.697279 0.560687 -1.2436 0.2143768
idJPN -5.056273 0.964035 -5.2449 2.552e-07 ***
idKOR -6.816771 1.014015 -6.7226 6.248e-11 ***
idNLD 0.232683 0.195028 1.1931 0.2335547
idNOR -1.999833 0.849696 -2.3536 0.0190813 *
idRUS -6.259879 0.930596 -6.7267 6.089e-11 ***
idSGP 0.133969 0.663971 0.2018 0.8402010
idSWE -2.153946 0.535892 -4.0194 6.986e-05 ***
idTWN -0.083836 0.209273 -0.4006 0.6889270
idUSA -1.776756 1.265942 -1.4035 0.1612499
time2001 -28.809411 7.655759 -3.7631 0.0001932 ***
time2002 -28.848370 7.656391 -3.7679 0.0001897 ***
time2003 -28.656133 7.661117 -3.7405 0.0002108 ***
time2004 -28.563576 7.660661 -3.7286 0.0002206 ***
time2005 -28.365107 7.664077 -3.7010 0.0002451 ***
time2006 -28.276798 7.664364 -3.6894 0.0002562 ***
time2007 -28.040633 7.666397 -3.6576 0.0002890 ***
time2008 -27.801589 7.667672 -3.6258 0.0003256 ***
time2009 -27.615784 7.669043 -3.6009 0.0003574 ***
time2010 -27.699190 7.670495 -3.6111 0.0003440 ***
time2011 -27.783847 7.673246 -3.6209 0.0003317 ***
time2012 -27.799511 7.676453 -3.6214 0.0003311 ***
time2013 -28.125366 7.679259 -3.6625 0.0002837 ***
time2014 -28.126796 7.685126 -3.6599 0.0002865 ***
time2015 -28.266827 7.689087 -3.6762 0.0002693 ***
time2016 -28.196697 7.693690 -3.6649 0.0002811 ***
time2017 -28.285823 7.696642 -3.6751 0.0002705 ***
time2018 -28.390365 7.700961 -3.6866 0.0002589 ***
time2019 -28.608865 7.705995 -3.7125 0.0002346 ***
iis67 -0.803723 0.281363 -2.8565 0.0045087 **
iis76 0.671460 0.291547 2.3031 0.0217913 *
iis81 -0.877486 0.273266 -3.2111 0.0014302 **
iis100 -0.728915 0.273127 -2.6688 0.0079258 **
iis154 0.801801 0.275979 2.9053 0.0038749 **
iis156 -1.045157 0.275501 -3.7937 0.0001716 ***
iis159 0.593236 0.274434 2.1617 0.0312421 *
iis164 -1.097408 0.274464 -3.9984 7.609e-05 ***
iis166 -0.663159 0.274691 -2.4142 0.0162224 *
iis187 -1.141465 0.273487 -4.1737 3.686e-05 ***
iis209 0.993093 0.274249 3.6211 0.0003314 ***
iis249 0.838572 0.279119 3.0043 0.0028306 **
iis325 -0.938140 0.292421 -3.2082 0.0014445 **
iis363 -1.298464 0.291608 -4.4528 1.104e-05 ***
iis382 1.471071 0.281219 5.2310 2.737e-07 ***
iis383 1.304291 0.280114 4.6563 4.401e-06 ***
iis386 0.713835 0.275961 2.5867 0.0100451 *
iis398 1.459085 0.376675 3.8736 0.0001255 ***
iis402 0.962487 0.281935 3.4139 0.0007066 ***
iis404 0.918908 0.279712 3.2852 0.0011099 **
iis405 -1.560583 0.278422 -5.6051 3.907e-08 ***
fesisAUS.2005 -0.692825 0.160513 -4.3163 2.007e-05 ***
fesisAUT.2015 -0.620353 0.152090 -4.0789 5.474e-05 ***
fesisAUT.2019 0.960007 0.297504 3.2269 0.0013556 **
fesisBRA.2005 -0.487095 0.164606 -2.9592 0.0032701 **
fesisBRA.2014 0.808228 0.154393 5.2349 2.685e-07 ***
fesisCHN.2015 0.659643 0.171150 3.8542 0.0001354 ***
fesisESP.2003 1.170187 0.202334 5.7834 1.487e-08 ***
fesisKOR.2007 0.614011 0.149922 4.0955 5.109e-05 ***
fesisNOR.2007 -0.400253 0.142070 -2.8173 0.0050855 **
fesisRUS.2018 -0.584550 0.277672 -2.1052 0.0359048 *
fesisTWN.2007 0.803749 0.141422 5.6833 2.565e-08 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.00001517 1 0.9969
Ljung-Box ARCH(1) 0.59760795 1 0.4395
SE of regression 0.25942
R-squared 0.97763
Log-lik.(n=475) 6.42549 Ihs Count Solar
0.01
Formula: ihs_count_solar~ lgdp + lpop + lbrown
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Fri Mar 22 14:30:33 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.270020 0.038159 7.0762 6.392e-12 ***
lgdp 1.480067 0.186428 7.9391 1.943e-14 ***
lpop -1.511825 0.633123 -2.3879 0.0173943 *
lbrown 0.064050 0.032744 1.9561 0.0511272 .
idAUT -0.033093 0.556017 -0.0595 0.9525677
idBEL -0.075954 0.420741 -0.1805 0.8568297
idBRA -0.781021 1.399215 -0.5582 0.5770201
idCAN -0.277796 0.364621 -0.7619 0.4465690
idCHE -0.723412 0.598127 -1.2095 0.2271768
idCHN 1.571292 2.492656 0.6304 0.5288020
idDEU 1.912739 0.861613 2.2200 0.0269643 *
idDNK -3.874168 0.876523 -4.4199 1.264e-05 ***
idESP -0.324699 0.573025 -0.5666 0.5712669
idFIN -0.910525 0.808008 -1.1269 0.2604490
idFRA 1.161709 0.734089 1.5825 0.1142966
idGBR 1.091086 0.723744 1.5076 0.1324321
idIND -0.784023 2.439864 -0.3213 0.7481163
idISR -1.441090 0.635069 -2.2692 0.0237721 *
idITA 0.987409 0.686039 1.4393 0.1508262
idJPN -4.575826 1.241003 -3.6872 0.0002570 ***
idKOR -8.319541 1.181093 -7.0439 7.863e-12 ***
idNLD 0.241936 0.242923 0.9959 0.3198637
idNOR -5.069965 0.983605 -5.1545 3.951e-07 ***
idRUS -4.915849 1.215270 -4.0451 6.243e-05 ***
idSGP -2.298177 0.937979 -2.4501 0.0146943 *
idSWE -3.929262 0.621468 -6.3225 6.684e-10 ***
idTWN 0.302251 0.250129 1.2084 0.2275920
idUSA 1.689224 1.611537 1.0482 0.2951562
time2001 -13.136722 9.974936 -1.3170 0.1885779
time2002 -13.073613 9.976327 -1.3105 0.1907673
time2003 -12.945710 9.979165 -1.2973 0.1952611
time2004 -12.821841 9.981982 -1.2845 0.1996876
time2005 -12.704023 9.980033 -1.2729 0.2037540
time2006 -12.536226 9.986154 -1.2554 0.2100576
time2007 -12.306328 9.988880 -1.2320 0.2186490
time2008 -12.063243 9.990516 -1.2075 0.2279424
time2009 -11.834459 9.992042 -1.1844 0.2369405
time2010 -11.922152 9.994405 -1.1929 0.2336002
time2011 -12.008132 9.998590 -1.2010 0.2304463
time2012 -12.010768 10.002986 -1.2007 0.2305487
time2013 -12.353495 10.006795 -1.2345 0.2177146
time2014 -12.390118 10.013658 -1.2373 0.2166706
time2015 -12.506340 10.018226 -1.2484 0.2126069
time2016 -12.475201 10.023691 -1.2446 0.2139951
time2017 -12.526047 10.028104 -1.2491 0.2123381
time2018 -12.597147 10.032676 -1.2556 0.2099666
time2019 -12.779745 10.037471 -1.2732 0.2036619
iis67 -1.056308 0.347740 -3.0376 0.0025357 **
iis156 -1.499348 0.344632 -4.3506 1.713e-05 ***
iis164 -1.220090 0.343441 -3.5525 0.0004255 ***
iis325 -1.056518 0.367534 -2.8746 0.0042544 **
iis363 -1.630474 0.344574 -4.7318 3.060e-06 ***
iis382 1.651813 0.349777 4.7225 3.197e-06 ***
iis383 1.497451 0.350072 4.2776 2.350e-05 ***
iis402 1.536851 0.388243 3.9585 8.880e-05 ***
iis405 -2.370254 0.354819 -6.6802 7.735e-11 ***
fesisAUS.2005 -0.589787 0.201906 -2.9211 0.0036793 **
fesisBRA.2014 1.067889 0.172154 6.2031 1.346e-09 ***
fesisESP.2003 1.473313 0.253412 5.8139 1.223e-08 ***
fesisKOR.2007 0.557824 0.183609 3.0381 0.0025319 **
fesisSGP.2005 0.842350 0.233348 3.6098 0.0003440 ***
fesisTWN.2007 0.839117 0.175051 4.7936 2.290e-06 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.59575 1 0.4402037
Ljung-Box ARCH(1) 13.99361 1 0.0001834 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.32669
R-squared 0.96686
Log-lik.(n=475) -111.58827 0.05
Formula: ihs_count_solar~ lgdp + lpop + lbrown
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Fri Mar 22 14:30:29 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.238499 0.034735 6.8663 2.584e-11 ***
lgdp 1.274037 0.184904 6.8903 2.223e-11 ***
lpop -0.103846 0.576450 -0.1801 0.8571302
lbrown 0.042958 0.028753 1.4940 0.1359676
idAUT 0.954585 0.483460 1.9745 0.0490262 *
idBEL 0.455308 0.364570 1.2489 0.2124478
idBRA -3.679440 1.262470 -2.9145 0.0037667 **
idCAN -0.918422 0.325674 -2.8201 0.0050446 **
idCHE 0.381721 0.526107 0.7256 0.4685409
idCHN -3.761462 2.222632 -1.6923 0.0913727 .
idDEU 0.159071 0.768086 0.2071 0.8360386
idDNK -2.220306 0.796252 -2.7884 0.0055535 **
idESP -1.032294 0.553184 -1.8661 0.0627728 .
idFIN 0.209469 0.696579 0.3007 0.7637944
idFRA -0.364658 0.659666 -0.5528 0.5807199
idGBR -0.438944 0.653673 -0.6715 0.5022939
idIND -5.842440 2.160083 -2.7047 0.0071333 **
idISR -0.223611 0.566308 -0.3949 0.6931618
idITA -0.498559 0.620025 -0.8041 0.4218279
idJPN -5.853346 1.103613 -5.3038 1.897e-07 ***
idKOR -8.186868 1.121962 -7.2969 1.642e-12 ***
idNLD 0.329009 0.211864 1.5529 0.1212462
idNOR -2.866268 0.908996 -3.1532 0.0017388 **
idRUS -6.971391 1.068247 -6.5260 2.086e-10 ***
idSGP -0.883573 0.823897 -1.0724 0.2841847
idSWE -2.728274 0.576088 -4.7359 3.051e-06 ***
idTWN -0.056969 0.222806 -0.2557 0.7983230
idUSA -1.500665 1.423551 -1.0542 0.2924528
time2001 -30.849363 8.726174 -3.5353 0.0004559 ***
time2002 -30.814561 8.727214 -3.5309 0.0004633 ***
time2003 -30.645916 8.729449 -3.5106 0.0004989 ***
time2004 -30.546060 8.727807 -3.4999 0.0005188 ***
time2005 -30.363270 8.731166 -3.4776 0.0005625 ***
time2006 -30.200886 8.732761 -3.4583 0.0006030 ***
time2007 -29.994763 8.735123 -3.4338 0.0006585 ***
time2008 -29.714060 8.736047 -3.4013 0.0007394 ***
time2009 -29.490537 8.736738 -3.3755 0.0008103 ***
time2010 -29.563969 8.738551 -3.3832 0.0007885 ***
time2011 -29.654948 8.741842 -3.3923 0.0007635 ***
time2012 -29.690130 8.746516 -3.3945 0.0007575 ***
time2013 -30.011159 8.749357 -3.4301 0.0006673 ***
time2014 -30.055776 8.756236 -3.4325 0.0006616 ***
time2015 -30.186224 8.761059 -3.4455 0.0006315 ***
time2016 -30.117749 8.766541 -3.4355 0.0006544 ***
time2017 -30.220235 8.769794 -3.4459 0.0006305 ***
time2018 -30.335919 8.774634 -3.4572 0.0006054 ***
time2019 -30.559742 8.779681 -3.4807 0.0005561 ***
iis67 -1.156371 0.303570 -3.8092 0.0001617 ***
iis76 0.741563 0.308755 2.4018 0.0167787 *
iis81 -0.882473 0.289322 -3.0501 0.0024424 **
iis154 0.899057 0.292830 3.0702 0.0022874 **
iis156 -1.336128 0.291802 -4.5789 6.282e-06 ***
iis157 0.601617 0.295661 2.0348 0.0425397 *
iis159 0.733892 0.290890 2.5229 0.0120323 *
iis164 -1.067927 0.290535 -3.6757 0.0002701 ***
iis173 -0.885187 0.398432 -2.2217 0.0268742 *
iis187 -1.179394 0.289675 -4.0714 5.652e-05 ***
iis209 0.774128 0.300988 2.5720 0.0104792 *
iis249 0.865379 0.296988 2.9139 0.0037741 **
iis325 -1.041394 0.310093 -3.3583 0.0008607 ***
iis363 -1.659808 0.294891 -5.6285 3.462e-08 ***
iis382 1.582027 0.299133 5.2887 2.050e-07 ***
iis383 1.476188 0.296449 4.9796 9.559e-07 ***
iis386 0.761348 0.292918 2.5992 0.0096965 **
iis398 1.667230 0.398934 4.1792 3.608e-05 ***
iis402 0.880856 0.304017 2.8974 0.0039734 **
iis404 0.922821 0.300668 3.0692 0.0022949 **
iis405 -2.164207 0.299075 -7.2363 2.437e-12 ***
fesisAUS.2005 -0.772145 0.171249 -4.5089 8.613e-06 ***
fesisAUT.2015 -0.463193 0.149191 -3.1047 0.0020427 **
fesisBRA.2005 -0.964452 0.244308 -3.9477 9.349e-05 ***
fesisBRA.2007 0.817185 0.230599 3.5438 0.0004419 ***
fesisBRA.2014 0.852077 0.175526 4.8544 1.745e-06 ***
fesisCHN.2015 0.663532 0.180712 3.6718 0.0002742 ***
fesisESP.2003 1.000587 0.291460 3.4330 0.0006604 ***
fesisFIN.2012 0.535015 0.142473 3.7552 0.0001994 ***
fesisKOR.2007 0.657419 0.157714 4.1684 3.775e-05 ***
fesisNOR.2013 -0.491730 0.145580 -3.3777 0.0008038 ***
fesisNOR.2019 0.927918 0.303768 3.0547 0.0024065 **
fesisRUS.2018 -0.730198 0.294316 -2.4810 0.0135189 *
fesisSGP.2003 0.893786 0.230112 3.8841 0.0001205 ***
fesisTWN.2007 0.909730 0.149637 6.0796 2.855e-09 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.014473 1 0.9042
Ljung-Box ARCH(1) 1.371269 1 0.2416
SE of regression 0.27465
R-squared 0.97771
Log-lik.(n=475) -19.16846 Max Count Solar
0.01
Formula: max_count_solar~ lgdp + lpop + lbrown
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Fri Mar 22 14:32:21 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.9186210 0.0129671 70.8425 < 2.2e-16 ***
lgdp 0.0042717 0.0089404 0.4778 0.6330476
lpop -0.0202827 0.0284726 -0.7124 0.4766511
lbrown 0.0024807 0.0014358 1.7277 0.0847917 .
idAUT -0.0142456 0.0239362 -0.5951 0.5520739
idBEL -0.0102090 0.0179968 -0.5673 0.5708440
idBRA 0.0369172 0.0590206 0.6255 0.5319948
idCAN 0.0023060 0.0135217 0.1705 0.8646718
idCHE -0.0173335 0.0263732 -0.6572 0.5113970
idCHN 0.0781042 0.1057735 0.7384 0.4606901
idDEU 0.0581533 0.0374714 1.5519 0.1214528
idDNK -0.0315911 0.0404014 -0.7819 0.4347096
idESP 0.0149832 0.0233639 0.6413 0.5216883
idFIN -0.0244393 0.0349880 -0.6985 0.4852597
idFRA 0.0188605 0.0306891 0.6146 0.5391829
idGBR 0.0157065 0.0304086 0.5165 0.6057735
idIND 0.0618959 0.1011536 0.6119 0.5409448
idISR -0.0165420 0.0286530 -0.5773 0.5640407
idITA 0.0173335 0.0285920 0.6062 0.5446956
idJPN 0.0309922 0.0507457 0.6107 0.5417141
idKOR -0.0057412 0.0510105 -0.1125 0.9104435
idNLD -0.0045698 0.0096708 -0.4725 0.6367997
idNOR -0.0398488 0.0456975 -0.8720 0.3837142
idRUS 0.0145728 0.0461276 0.3159 0.7522226
idSGP -0.0255798 0.0376056 -0.6802 0.4967566
idSWE -0.0238910 0.0292021 -0.8181 0.4137624
idTWN 0.0102474 0.0073363 1.3968 0.1632309
idUSA 0.0652714 0.0677403 0.9636 0.3358408
time2001 0.2165935 0.4098904 0.5284 0.5974965
time2002 0.2146989 0.4100380 0.5236 0.6008360
time2003 0.2183161 0.4101869 0.5322 0.5948525
time2004 0.2199707 0.4103710 0.5360 0.5922307
time2005 0.2236438 0.4105303 0.5448 0.5862106
time2006 0.2220623 0.4107118 0.5407 0.5890255
time2007 0.2283111 0.4109023 0.5556 0.5787660
time2008 0.2304604 0.4112069 0.5604 0.5754810
time2009 0.2375047 0.4114509 0.5772 0.5640978
time2010 0.2202291 0.4116623 0.5350 0.5929584
time2011 0.2223889 0.4118393 0.5400 0.5894989
time2012 0.2148777 0.4120941 0.5214 0.6023512
time2013 0.2146420 0.4122715 0.5206 0.6029050
time2014 0.2103732 0.4124556 0.5101 0.6102918
time2015 0.2193192 0.4126045 0.5315 0.5953282
time2016 0.2180478 0.4127865 0.5282 0.5976242
time2017 0.2178427 0.4129658 0.5275 0.5981276
time2018 0.2225719 0.4131046 0.5388 0.5903335
time2019 0.2122182 0.4132557 0.5135 0.6078604
iis131 0.0651161 0.0173745 3.7478 0.0002041 ***
iis133 -0.2162538 0.0177562 -12.1790 < 2.2e-16 ***
iis141 0.0945513 0.0158014 5.9837 4.776e-09 ***
iis312 0.1544028 0.0159765 9.6643 < 2.2e-16 ***
iis313 0.2613262 0.0160228 16.3096 < 2.2e-16 ***
iis314 0.2908099 0.0166127 17.5053 < 2.2e-16 ***
iis316 -0.1066090 0.0171006 -6.2342 1.134e-09 ***
iis321 -0.0562991 0.0162544 -3.4636 0.0005894 ***
iis339 0.1655844 0.0162573 10.1852 < 2.2e-16 ***
iis340 -0.0689304 0.0162847 -4.2328 2.853e-05 ***
iis462 0.0552682 0.0181548 3.0443 0.0024835 **
iis464 0.1348128 0.0174546 7.7236 8.842e-14 ***
fesisCHN.2015 0.0865825 0.0110495 7.8359 4.083e-14 ***
fesisDEU.2012 -0.1285360 0.0119823 -10.7272 < 2.2e-16 ***
fesisDEU.2014 0.0808354 0.0125509 6.4406 3.352e-10 ***
fesisJPN.2012 -0.0481052 0.0087352 -5.5070 6.469e-08 ***
fesisKOR.2007 0.0854953 0.0094292 9.0671 < 2.2e-16 ***
fesisKOR.2012 -0.0930493 0.0094632 -9.8328 < 2.2e-16 ***
fesisUSA.2006 0.0928702 0.0127885 7.2620 1.948e-12 ***
fesisUSA.2011 -0.1452058 0.0100837 -14.4000 < 2.2e-16 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 24.874 1 6.119e-07 ***
Ljung-Box ARCH(1) 53.261 1 2.921e-13 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.01471
R-squared 0.99265
Log-lik.(n=475) 1363.62665 0.05
Formula: max_count_solar~ lgdp + lpop + lbrown
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Fri Mar 22 14:32:22 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.83267749 0.01111303 74.9281 < 2.2e-16 ***
lgdp 0.01128223 0.00761773 1.4811 0.1393904
lpop -0.01303853 0.02392161 -0.5451 0.5860250
lbrown 0.00207213 0.00122980 1.6849 0.0927922 .
idAUT 0.00298372 0.02006482 0.1487 0.8818631
idBEL 0.00367551 0.01510605 0.2433 0.8078888
idBRA 0.01348336 0.04952081 0.2723 0.7855516
idCAN -0.00071199 0.01138401 -0.0625 0.9501620
idCHE -0.00302754 0.02210584 -0.1370 0.8911351
idCHN 0.03130283 0.08864410 0.3531 0.7241799
idDEU 0.03531503 0.03186671 1.1082 0.2684451
idDNK -0.02469582 0.03397047 -0.7270 0.4676694
idESP 0.01306090 0.01968472 0.6635 0.5073943
idFIN -0.00136665 0.02932202 -0.0466 0.9628490
idFRA 0.01371685 0.02578417 0.5320 0.5950337
idGBR 0.00975041 0.02555813 0.3815 0.7030378
idIND 0.00461372 0.08472576 0.0545 0.9566004
idISR -0.00594825 0.02404349 -0.2474 0.8047307
idITA 0.01142332 0.02403075 0.4754 0.6347913
idJPN -0.01132443 0.04224215 -0.2681 0.7887748
idKOR -0.05738491 0.04337944 -1.3229 0.1866473
idNLD 0.00388340 0.00818879 0.4742 0.6355949
idNOR -0.03431695 0.03845520 -0.8924 0.3727284
idRUS -0.02711034 0.03863717 -0.7017 0.4833015
idSGP -0.00526763 0.03150791 -0.1672 0.8673105
idSWE -0.02521673 0.02463108 -1.0238 0.3065671
idTWN 0.01782683 0.00623844 2.8576 0.0044947 **
idUSA 0.02857603 0.05744427 0.4975 0.6191440
time2001 -0.09834062 0.34322973 -0.2865 0.7746336
time2002 -0.10023992 0.34335180 -0.2919 0.7704818
time2003 -0.09685925 0.34347731 -0.2820 0.7780942
time2004 -0.09528725 0.34363407 -0.2773 0.7817004
time2005 -0.09362454 0.34378033 -0.2723 0.7855042
time2006 -0.09335671 0.34393968 -0.2714 0.7861995
time2007 -0.09012592 0.34414491 -0.2619 0.7935477
time2008 -0.08719982 0.34434803 -0.2532 0.8002209
time2009 -0.08086586 0.34457230 -0.2347 0.8145750
time2010 -0.09239537 0.34474440 -0.2680 0.7888306
time2011 -0.09124877 0.34491964 -0.2646 0.7914935
time2012 -0.09896684 0.34509170 -0.2868 0.7744279
time2013 -0.09978896 0.34520808 -0.2891 0.7726802
time2014 -0.10537656 0.34535549 -0.3051 0.7604317
time2015 -0.10045649 0.34547208 -0.2908 0.7713719
time2016 -0.09853598 0.34562671 -0.2851 0.7757218
time2017 -0.10013728 0.34582191 -0.2896 0.7723024
time2018 -0.09699141 0.34596781 -0.2803 0.7793572
time2019 -0.10519208 0.34603075 -0.3040 0.7612908
iis129 0.06593818 0.01381836 4.7718 2.575e-06 ***
iis130 0.11029149 0.01397020 7.8948 2.901e-14 ***
iis131 0.17094284 0.01423183 12.0113 < 2.2e-16 ***
iis132 0.13323556 0.01471305 9.0556 < 2.2e-16 ***
iis133 -0.09183229 0.01511866 -6.0741 2.933e-09 ***
iis141 0.06351970 0.01438544 4.4156 1.302e-05 ***
iis145 -0.05515768 0.01416302 -3.8945 0.0001155 ***
iis146 -0.07164864 0.01391742 -5.1481 4.158e-07 ***
iis312 0.16936912 0.01338253 12.6560 < 2.2e-16 ***
iis313 0.29204257 0.01338813 21.8136 < 2.2e-16 ***
iis314 0.33874937 0.01385477 24.4500 < 2.2e-16 ***
iis315 0.08479121 0.01478219 5.7360 1.930e-08 ***
iis316 -0.08614758 0.01464305 -5.8832 8.590e-09 ***
iis321 -0.07302966 0.01345988 -5.4257 1.009e-07 ***
iis322 -0.04936329 0.01344858 -3.6705 0.0002753 ***
iis331 0.03605469 0.01489189 2.4211 0.0159236 *
iis332 0.04010773 0.01480104 2.7098 0.0070258 **
iis339 0.17982636 0.01484890 12.1104 < 2.2e-16 ***
iis461 0.05454069 0.01387561 3.9307 0.0001000 ***
iis462 0.16657902 0.01374306 12.1210 < 2.2e-16 ***
iis463 0.13903430 0.01358426 10.2350 < 2.2e-16 ***
iis464 0.27269271 0.01364826 19.9800 < 2.2e-16 ***
iis465 0.18282417 0.01401189 13.0478 < 2.2e-16 ***
iis466 0.12807000 0.01428599 8.9647 < 2.2e-16 ***
iis471 0.12855912 0.01569799 8.1895 3.670e-15 ***
fesisDEU.2007 0.06286417 0.00870897 7.2183 2.719e-12 ***
fesisDEU.2012 -0.08600985 0.00868427 -9.9041 < 2.2e-16 ***
fesisKOR.2007 0.08932840 0.00940387 9.4991 < 2.2e-16 ***
fesisKOR.2012 -0.06300412 0.00991106 -6.3569 5.686e-10 ***
fesisKOR.2016 -0.02113393 0.00981769 -2.1526 0.0319522 *
fesisUSA.2015 -0.04693759 0.01017694 -4.6122 5.392e-06 ***
fesisUSA.2018 0.09188661 0.01578327 5.8218 1.207e-08 ***
fesisUSA.2019 -0.10022441 0.01812315 -5.5302 5.828e-08 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 12.957 1 0.0003188 ***
Ljung-Box ARCH(1) 45.973 1 1.199e-11 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.01254
R-squared 0.99483
Log-lik.(n=475) 1446.12739 Wind
Count Wind
0.01
Formula: count_wind~ gdp + pop + brown_patents
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Fri Mar 22 14:26:10 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 7.2181e-01 2.1832e-02 33.0628 < 2.2e-16 ***
gdp 1.9318e-15 7.7386e-15 0.2496 0.8029938
pop 3.2109e-08 2.2199e-08 1.4464 0.1488336
brown_patents 7.0142e-03 4.4321e-03 1.5826 0.1142984
idAUT 6.8642e-01 2.9094e+00 0.2359 0.8136082
idBEL -1.9304e-01 2.9041e+00 -0.0665 0.9470343
idBRA -7.2112e+00 4.8267e+00 -1.4940 0.1359530
idCAN 1.7478e+00 2.9384e+00 0.5948 0.5522932
idCHE -6.4477e-02 2.9106e+00 -0.0222 0.9823372
idCHN -3.0512e+01 2.9031e+01 -1.0510 0.2938892
idDEU 2.5091e+01 5.2206e+00 4.8061 2.175e-06 ***
idDNK 1.4050e+01 4.2719e+00 3.2889 0.0010943 **
idESP 9.6665e+00 3.0250e+00 3.1956 0.0015054 **
idFIN -7.4142e-01 2.9202e+00 -0.2539 0.7997048
idFRA 2.0943e+00 3.1068e+00 0.6741 0.5006399
idGBR 1.2256e+01 3.1903e+00 3.8418 0.0001418 ***
idIND -3.6645e+01 2.7096e+01 -1.3524 0.1770074
idISR -3.2138e-01 2.9111e+00 -0.1104 0.9121483
idITA 1.5530e+00 3.0109e+00 0.5158 0.6062869
idJPN 1.4519e+01 5.4954e+00 2.6420 0.0085629 **
idKOR 6.0562e+00 1.1215e+01 0.5400 0.5894750
idNLD 4.2491e+00 2.9115e+00 1.4594 0.1452294
idNOR 1.0747e+00 2.9306e+00 0.3667 0.7140228
idRUS -5.0178e+00 3.9775e+00 -1.2616 0.2078392
idSGP 9.9021e-01 2.9193e+00 0.3392 0.7346402
idSWE 3.6186e-01 2.9080e+00 0.1244 0.9010331
idTWN 1.4537e+00 2.8949e+00 0.5022 0.6158337
idUSA 9.8476e+00 8.2836e+00 1.1888 0.2352140
time2001 -1.1537e+00 2.7216e+00 -0.4239 0.6718567
time2002 -2.4211e+00 2.7182e+00 -0.8907 0.3736362
time2003 -1.3534e+00 2.7196e+00 -0.4976 0.6190096
time2004 -1.7303e+00 2.7203e+00 -0.6361 0.5250774
time2005 -7.1484e-01 2.7222e+00 -0.2626 0.7929990
time2006 3.5809e+00 2.7275e+00 1.3129 0.1899712
time2007 3.4414e+00 2.7576e+00 1.2479 0.2127803
time2008 8.3622e+00 2.7791e+00 3.0090 0.0027854 **
time2009 1.0350e+01 2.7732e+00 3.7320 0.0002173 ***
time2010 5.8235e+00 2.8643e+00 2.0332 0.0426907 *
time2011 8.7354e+00 2.8570e+00 3.0576 0.0023800 **
time2012 -7.0110e-04 2.8696e+00 -0.0002 0.9998052
time2013 -1.4659e+00 2.8488e+00 -0.5146 0.6071493
time2014 7.8773e-01 2.8108e+00 0.2803 0.7794282
time2015 5.1025e-01 2.8068e+00 0.1818 0.8558376
time2016 7.0928e-01 2.8013e+00 0.2532 0.8002487
time2017 2.2872e+00 2.8080e+00 0.8145 0.4158242
time2018 -3.5520e+00 2.8215e+00 -1.2589 0.2087927
time2019 -1.4659e+00 2.8240e+00 -0.5191 0.6039915
iis141 2.7796e+01 1.0052e+01 2.7652 0.0059509 **
iis143 1.0103e+02 9.9927e+00 10.1104 < 2.2e-16 ***
iis146 -6.7679e+01 1.1387e+01 -5.9433 6.050e-09 ***
iis152 -7.3066e+01 1.0565e+01 -6.9162 1.829e-11 ***
iis160 2.9462e+01 1.0575e+01 2.7860 0.0055875 **
iis162 5.0837e+01 1.0548e+01 4.8195 2.042e-06 ***
iis164 -3.3815e+01 1.0338e+01 -3.2708 0.0011647 **
iis165 -3.7398e+01 1.0199e+01 -3.6667 0.0002786 ***
iis168 5.2697e+01 1.0201e+01 5.1657 3.775e-07 ***
iis170 6.0025e+01 1.0187e+01 5.8926 8.036e-09 ***
iis314 6.3972e+01 9.3744e+00 6.8241 3.260e-11 ***
iis463 3.1025e+01 1.1395e+01 2.7227 0.0067560 **
iis465 7.0964e+01 1.0814e+01 6.5620 1.635e-10 ***
iis467 -8.8987e+01 1.0720e+01 -8.3009 1.578e-15 ***
iis468 -8.4838e+01 1.0625e+01 -7.9846 1.488e-14 ***
iis470 -3.7597e+01 1.2004e+01 -3.1321 0.0018622 **
iis473 7.6013e+01 1.0216e+01 7.4403 6.121e-13 ***
fesisCHN.2016 2.4279e+01 5.6763e+00 4.2772 2.366e-05 ***
fesisDEU.2006 3.8874e+01 6.2703e+00 6.1997 1.401e-09 ***
fesisDEU.2013 -2.1205e+01 7.6479e+00 -2.7727 0.0058176 **
fesisDEU.2016 4.1413e+01 8.3373e+00 4.9672 1.005e-06 ***
fesisDNK.2007 6.1267e+01 7.2333e+00 8.4701 4.635e-16 ***
fesisDNK.2012 -3.3310e+01 6.9728e+00 -4.7771 2.494e-06 ***
fesisUSA.2007 7.6672e+01 8.3962e+00 9.1318 < 2.2e-16 ***
fesisUSA.2014 -8.4459e+01 7.2156e+00 -11.7051 < 2.2e-16 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.060075 1 0.8064
Ljung-Box ARCH(1) 42.986767 1 5.511e-11 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 8.91854
R-squared 0.98465
Log-lik.(n=475) -1677.35866 0.05
Formula: count_wind~ gdp + pop + brown_patents
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Fri Mar 22 14:27:12 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 6.5721e-01 1.9963e-02 32.9209 < 2.2e-16 ***
gdp 1.1168e-15 6.8791e-15 0.1624 0.8711132
pop 1.5902e-08 1.9922e-08 0.7982 0.4252161
brown_patents 4.8246e-02 4.9372e-03 9.7720 < 2.2e-16 ***
idAUT 4.2522e-01 2.5945e+00 0.1639 0.8698997
idBEL -3.2774e-01 2.5897e+00 -0.1266 0.8993545
idBRA -5.0162e+00 4.3234e+00 -1.1603 0.2466505
idCAN -1.2303e+00 2.6198e+00 -0.4696 0.6388905
idCHE -3.2142e-01 2.5954e+00 -0.1238 0.9015067
idCHN -1.3408e+01 2.6041e+01 -0.5149 0.6069292
idDEU 3.0888e+01 4.9349e+00 6.2592 1.014e-09 ***
idDNK 1.4592e+01 3.8089e+00 3.8310 0.0001485 ***
idESP 8.7765e+00 3.2031e+00 2.7400 0.0064245 **
idFIN -2.0835e+00 2.6059e+00 -0.7995 0.4244753
idFRA -2.3564e+00 2.7718e+00 -0.8501 0.3957602
idGBR 1.1214e+01 2.7963e+00 4.0102 7.262e-05 ***
idIND -1.8020e+01 2.4315e+01 -0.7411 0.4590721
idISR -3.5956e-01 2.5957e+00 -0.1385 0.8899002
idITA 1.6134e+00 2.6826e+00 0.6014 0.5479153
idJPN 1.2272e+01 5.2253e+00 2.3487 0.0193358 *
idKOR 6.6428e+00 9.9968e+00 0.6645 0.5067671
idNLD 4.2008e+00 2.5938e+00 1.6195 0.1061401
idNOR -1.2302e+00 2.6171e+00 -0.4700 0.6385878
idRUS -5.4278e+00 3.5642e+00 -1.5229 0.1285991
idSGP 7.8076e-01 2.6035e+00 0.2999 0.7644181
idSWE 4.8802e-02 2.5932e+00 0.0188 0.9849947
idTWN 1.9045e+00 2.5817e+00 0.7377 0.4611345
idUSA -2.3041e+01 7.8178e+00 -2.9473 0.0033968 **
time2001 -8.9837e-01 2.4293e+00 -0.3698 0.7117251
time2002 -2.0965e+00 2.4263e+00 -0.8640 0.3880912
time2003 -9.2291e-01 2.4275e+00 -0.3802 0.7040120
time2004 -1.1605e+00 2.4281e+00 -0.4779 0.6329620
time2005 7.9488e-01 2.4464e+00 0.3249 0.7454190
time2006 4.1888e+00 2.4332e+00 1.7215 0.0859445 .
time2007 3.7427e+00 2.4595e+00 1.5217 0.1288805
time2008 8.4666e+00 2.4958e+00 3.3923 0.0007634 ***
time2009 1.1758e+01 2.4857e+00 4.7301 3.134e-06 ***
time2010 6.9621e+00 2.5548e+00 2.7251 0.0067157 **
time2011 6.8211e+00 2.5502e+00 2.6747 0.0077914 **
time2012 -1.5782e+00 2.5501e+00 -0.6189 0.5363544
time2013 -8.6603e-01 2.5444e+00 -0.3404 0.7337572
time2014 -3.2039e-01 2.5051e+00 -0.1279 0.8982979
time2015 -8.4619e-01 2.5096e+00 -0.3372 0.7361584
time2016 -1.0902e-01 2.5430e+00 -0.0429 0.9658281
time2017 4.6178e+00 2.5175e+00 1.8343 0.0673713 .
time2018 -1.7367e+00 2.5582e+00 -0.6789 0.4976110
time2019 1.1347e+00 2.5462e+00 0.4456 0.6561128
iis138 -2.2871e+01 9.0781e+00 -2.5193 0.0121535 *
iis141 3.2267e+01 9.3928e+00 3.4353 0.0006549 ***
iis143 8.4770e+01 1.0190e+01 8.3186 1.479e-15 ***
iis146 -6.8817e+01 9.5310e+00 -7.2203 2.705e-12 ***
iis149 5.2476e+01 9.4128e+00 5.5750 4.609e-08 ***
iis151 5.1467e+01 9.4061e+00 5.4716 7.957e-08 ***
iis152 -3.1877e+01 9.4620e+00 -3.3689 0.0008292 ***
iis160 2.5902e+01 9.4362e+00 2.7450 0.0063289 **
iis162 5.1815e+01 9.4197e+00 5.5007 6.828e-08 ***
iis164 -3.0581e+01 9.6173e+00 -3.1798 0.0015906 **
iis165 -4.1910e+01 9.4167e+00 -4.4507 1.117e-05 ***
iis168 4.6632e+01 9.3952e+00 4.9634 1.034e-06 ***
iis170 7.6959e+01 1.1529e+01 6.6755 8.418e-11 ***
iis314 4.8737e+01 8.9605e+00 5.4391 9.433e-08 ***
iis322 -2.5170e+01 9.3922e+00 -2.6799 0.0076747 **
iis463 1.1225e+02 8.5680e+00 13.1010 < 2.2e-16 ***
iis464 9.7969e+01 8.8062e+00 11.1250 < 2.2e-16 ***
iis465 1.5953e+02 9.0111e+00 17.7037 < 2.2e-16 ***
iis466 9.4705e+01 9.8022e+00 9.6616 < 2.2e-16 ***
iis468 -2.8350e+01 9.2942e+00 -3.0503 0.0024407 **
iis470 -1.0874e+02 1.1534e+01 -9.4275 < 2.2e-16 ***
iis471 -5.9916e+01 1.0510e+01 -5.7008 2.345e-08 ***
iis472 -2.1938e+01 9.1035e+00 -2.4099 0.0164171 *
iis473 5.8050e+01 8.5749e+00 6.7697 4.712e-11 ***
fesisCHN.2016 1.0809e+01 5.0338e+00 2.1472 0.0323871 *
fesisDEU.2006 2.9588e+01 6.2433e+00 4.7391 3.005e-06 ***
fesisDEU.2010 2.6339e+01 8.2578e+00 3.1896 0.0015391 **
fesisDEU.2013 -3.2397e+01 7.7327e+00 -4.1896 3.453e-05 ***
fesisDNK.2007 7.2541e+01 6.4636e+00 11.2231 < 2.2e-16 ***
fesisDNK.2012 -2.8153e+01 6.6444e+00 -4.2371 2.824e-05 ***
fesisDNK.2018 -2.2205e+01 9.4991e+00 -2.3376 0.0199087 *
fesisESP.2011 3.8589e+01 6.3156e+00 6.1101 2.398e-09 ***
fesisESP.2013 -4.1026e+01 6.5289e+00 -6.2837 8.785e-10 ***
fesisJPN.2010 1.7532e+01 4.7470e+00 3.6934 0.0002526 ***
fesisJPN.2016 -2.2413e+01 5.9621e+00 -3.7592 0.0001963 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.18176 1 0.6699
Ljung-Box ARCH(1) 29.64016 1 5.202e-08 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 7.95255
R-squared 0.98810
Log-lik.(n=475) -1617.90508 Log Count Wind
0.01
Formula: log_count_wind~ lgdp + lpop + lbrown
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Fri Mar 22 14:28:20 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.369987 0.037554 9.8521 < 2.2e-16 ***
lgdp 0.732158 0.212186 3.4506 0.0006172 ***
lpop -3.355201 0.751765 -4.4631 1.044e-05 ***
lbrown 0.040478 0.038235 1.0587 0.2903729
idAUT -0.250793 0.803499 -0.3121 0.7551028
idBEL -0.655765 0.595901 -1.1005 0.2717743
idBRA 6.860110 1.678067 4.0881 5.230e-05 ***
idCAN 2.541339 0.540634 4.7007 3.542e-06 ***
idCHE -2.103341 0.778303 -2.7025 0.0071671 **
idCHN 13.087040 3.006873 4.3524 1.701e-05 ***
idDEU 6.639730 1.108696 5.9888 4.609e-09 ***
idDNK -2.801659 1.065172 -2.6302 0.0088521 **
idESP 4.434317 0.744752 5.9541 5.605e-09 ***
idFIN -2.935614 1.022326 -2.8715 0.0042961 **
idFRA 4.715647 0.942378 5.0040 8.334e-07 ***
idGBR 5.262954 0.936134 5.6220 3.485e-08 ***
idIND 11.059415 2.893902 3.8216 0.0001530 ***
idISR -2.576347 0.816237 -3.1564 0.0017148 **
idITA 4.411192 0.881927 5.0018 8.425e-07 ***
idJPN 3.796825 1.529381 2.4826 0.0134404 *
idKOR -0.650266 1.394050 -0.4665 0.6411340
idNLD 1.013932 0.427003 2.3745 0.0180286 *
idNOR -4.665795 1.185840 -3.9346 9.779e-05 ***
idRUS 3.963610 1.457167 2.7201 0.0068028 **
idSGP -4.025851 1.162748 -3.4624 0.0005915 ***
idSWE -2.736653 0.775687 -3.5280 0.0004658 ***
idTWN 1.541836 0.407403 3.7845 0.0001768 ***
idUSA 9.577598 1.988419 4.8167 2.054e-06 ***
time2001 35.876849 11.927440 3.0079 0.0027917 **
time2002 36.023526 11.931911 3.0191 0.0026930 **
time2003 35.976460 11.941222 3.0128 0.0027482 **
time2004 36.121536 11.944018 3.0242 0.0026486 **
time2005 36.321715 11.948535 3.0398 0.0025180 **
time2006 36.578727 11.956087 3.0594 0.0023625 **
time2007 36.686083 11.959862 3.0674 0.0023015 **
time2008 36.888086 11.965208 3.0829 0.0021874 **
time2009 37.071211 11.971388 3.0967 0.0020910 **
time2010 36.989723 11.977997 3.0881 0.0021504 **
time2011 37.010482 11.983187 3.0885 0.0021476 **
time2012 36.883893 11.986621 3.0771 0.0022299 **
time2013 36.674602 11.991242 3.0584 0.0023700 **
time2014 36.716040 11.996065 3.0607 0.0023529 **
time2015 36.512883 12.000674 3.0426 0.0024958 **
time2016 36.713097 12.005991 3.0579 0.0023743 **
time2017 36.823328 12.011280 3.0657 0.0023144 **
time2018 36.573750 12.016662 3.0436 0.0024876 **
time2019 36.594055 12.020577 3.0443 0.0024819 **
iis21 -1.593790 0.384231 -4.1480 4.075e-05 ***
iis44 -1.764681 0.379335 -4.6520 4.436e-06 ***
iis56 1.186416 0.380515 3.1179 0.0019491 **
iis72 1.321187 0.379547 3.4810 0.0005530 ***
iis116 -1.713200 0.399422 -4.2892 2.236e-05 ***
iis194 1.417397 0.384796 3.6835 0.0002607 ***
iis269 -1.307633 0.385906 -3.3885 0.0007705 ***
iis382 1.079421 0.386497 2.7928 0.0054684 **
iis419 1.396872 0.383284 3.6445 0.0003022 ***
fesisAUS.2002 1.532508 0.426637 3.5921 0.0003677 ***
fesisAUS.2005 -0.829174 0.244545 -3.3907 0.0007645 ***
fesisAUT.2002 -1.016665 0.381650 -2.6639 0.0080278 **
fesisDNK.2006 0.686709 0.200132 3.4313 0.0006614 ***
fesisIND.2008 0.824626 0.199730 4.1287 4.418e-05 ***
fesisSGP.2007 1.658772 0.248571 6.6732 8.094e-11 ***
fesisSGP.2012 -1.212684 0.223858 -5.4172 1.032e-07 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 2.1579 1 0.1418
Ljung-Box ARCH(1) 1.1466 1 0.2843
SE of regression 0.36100
R-squared 0.94081
Log-lik.(n=475) -158.53377 0.05
Formula: log_count_wind~ lgdp + lpop + lbrown
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Fri Mar 22 14:28:18 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.2607189 0.0368097 7.0829 6.584e-12 ***
lgdp 1.1126573 0.2216998 5.0188 7.905e-07 ***
lpop -5.1908300 0.7333698 -7.0781 6.791e-12 ***
lbrown 0.0028355 0.0353137 0.0803 0.9360444
idAUT -2.3190765 0.6938211 -3.3425 0.0009102 ***
idBEL -1.3050833 0.5533508 -2.3585 0.0188386 *
idBRA 10.7241892 1.6051479 6.6811 8.155e-11 ***
idCAN 3.5269646 0.4970533 7.0957 6.063e-12 ***
idCHE -3.4746009 0.7349231 -4.7278 3.170e-06 ***
idCHN 19.6362249 2.9090551 6.7500 5.337e-11 ***
idDEU 9.3482339 1.0577400 8.8379 < 2.2e-16 ***
idDNK -5.1237858 1.0305675 -4.9718 9.936e-07 ***
idESP 5.2979238 0.7123875 7.4369 6.559e-13 ***
idFIN -4.6590603 0.9604366 -4.8510 1.776e-06 ***
idFRA 6.8687112 0.8936371 7.6862 1.231e-13 ***
idGBR 7.4910832 0.8919037 8.3990 8.351e-16 ***
idIND 16.9629711 2.7604189 6.1451 1.967e-09 ***
idISR -4.3910023 0.7766696 -5.6536 3.030e-08 ***
idITA 5.5744743 0.8969909 6.2146 1.316e-09 ***
idJPN 5.8960167 1.5084210 3.9087 0.0001093 ***
idKOR -1.4038928 1.4038766 -1.0000 0.3179218
idNLD 1.0338695 0.3872949 2.6695 0.0079130 **
idNOR -7.5670909 1.1683480 -6.4767 2.811e-10 ***
idRUS 6.8936158 1.4161509 4.8679 1.638e-06 ***
idSGP -6.3556806 1.1027677 -5.7634 1.671e-08 ***
idSWE -4.2946226 0.7686126 -5.5875 4.318e-08 ***
idTWN 1.9010330 0.3686090 5.1573 3.985e-07 ***
idUSA 14.0892669 1.8910286 7.4506 5.988e-13 ***
time2001 56.2706848 11.3176963 4.9719 9.931e-07 ***
time2002 56.4276747 11.3243538 4.9829 9.417e-07 ***
time2003 56.3777455 11.3314119 4.9754 9.767e-07 ***
time2004 56.5416585 11.3383868 4.9867 9.241e-07 ***
time2005 56.7713396 11.3423463 5.0053 8.444e-07 ***
time2006 57.0706413 11.3527323 5.0270 7.591e-07 ***
time2007 57.3079435 11.3524105 5.0481 6.847e-07 ***
time2008 57.4878680 11.3611548 5.0600 6.456e-07 ***
time2009 57.6893880 11.3667304 5.0753 5.989e-07 ***
time2010 57.6680869 11.3728707 5.0707 6.126e-07 ***
time2011 57.7095772 11.3770139 5.0725 6.072e-07 ***
time2012 57.5898049 11.3819866 5.0597 6.466e-07 ***
time2013 57.3757950 11.3854367 5.0394 7.145e-07 ***
time2014 57.3611631 11.3891295 5.0365 7.248e-07 ***
time2015 57.1680490 11.3936927 5.0175 7.953e-07 ***
time2016 57.3426432 11.3976873 5.0311 7.443e-07 ***
time2017 57.4889312 11.4018420 5.0421 7.052e-07 ***
time2018 57.2606669 11.4092365 5.0188 7.904e-07 ***
time2019 57.2013608 11.4118667 5.0124 8.153e-07 ***
iis17 -0.7937083 0.3398502 -2.3355 0.0200228 *
iis20 1.0692975 0.3404884 3.1405 0.0018146 **
iis21 -1.4870009 0.3422767 -4.3444 1.781e-05 ***
iis26 -1.0193472 0.3372503 -3.0225 0.0026714 **
iis44 -1.8335357 0.3374138 -5.4341 9.695e-08 ***
iis56 1.0792066 0.3382061 3.1910 0.0015322 **
iis57 -0.7725232 0.3400577 -2.2717 0.0236434 *
iis72 1.0818676 0.3588441 3.0149 0.0027382 **
iis101 -1.1888297 0.3374179 -3.5233 0.0004764 ***
iis103 -0.9128168 0.3371223 -2.7077 0.0070722 **
iis194 1.2764665 0.3612760 3.5332 0.0004595 ***
iis269 -1.2211086 0.3437249 -3.5526 0.0004279 ***
iis272 0.7330394 0.3407861 2.1510 0.0320849 *
iis341 -0.9509976 0.3371052 -2.8211 0.0050298 **
iis407 1.4076826 0.3506162 4.0149 7.128e-05 ***
iis408 1.5781756 0.3548904 4.4469 1.136e-05 ***
iis409 1.2633647 0.3525547 3.5835 0.0003818 ***
iis410 0.9694141 0.3565455 2.7189 0.0068408 **
iis419 1.2518384 0.3509464 3.5670 0.0004057 ***
fesisAUS.2002 1.6187779 0.3788868 4.2725 2.429e-05 ***
fesisAUS.2005 -0.8075937 0.2187214 -3.6923 0.0002537 ***
fesisBRA.2008 -0.5974246 0.1876358 -3.1840 0.0015688 **
fesisBRA.2014 0.6612998 0.2019914 3.2739 0.0011550 **
fesisCHN.2002 -1.2704622 0.4019417 -3.1608 0.0016956 **
fesisCHN.2004 1.3587003 0.2834168 4.7940 2.325e-06 ***
fesisDNK.2006 0.7776065 0.1789831 4.3446 1.780e-05 ***
fesisESP.2003 0.9645491 0.2501676 3.8556 0.0001349 ***
fesisFIN.2007 -0.9089755 0.3585263 -2.5353 0.0116226 *
fesisFIN.2008 0.9190849 0.3424894 2.6835 0.0075933 **
fesisIND.2008 0.9810090 0.1824157 5.3779 1.298e-07 ***
fesisITA.2002 0.8526199 0.3399427 2.5081 0.0125404 *
fesisJPN.2004 -0.7696276 0.2126981 -3.6184 0.0003352 ***
fesisNOR.2019 1.1442565 0.3372334 3.3931 0.0007616 ***
fesisRUS.2004 -0.9437714 0.2256548 -4.1824 3.562e-05 ***
fesisSGP.2007 0.7912361 0.2158636 3.6654 0.0002809 ***
fesisSWE.2010 -0.4139868 0.1578940 -2.6219 0.0090839 **
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.87255 1 0.3503
Ljung-Box ARCH(1) 1.19818 1 0.2737
SE of regression 0.3198
R-squared 0.9558
Log-lik.(n=475) -90.9709 Ihs Count Wind
0.01
Formula: ihs_count_wind~ lgdp + lpop + lbrown
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Fri Mar 22 14:30:26 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.354022 0.038964 9.0858 < 2.2e-16 ***
lgdp 0.757285 0.250821 3.0192 0.0026922 **
lpop -3.073346 0.775534 -3.9629 8.731e-05 ***
lbrown 0.111391 0.044580 2.4987 0.0128546 *
idAUT 0.487313 0.865705 0.5629 0.5738037
idBEL -0.095897 0.640698 -0.1497 0.8810932
idBRA 6.304612 1.719918 3.6656 0.0002791 ***
idCAN 2.593796 0.591223 4.3872 1.461e-05 ***
idCHE -1.541939 0.813045 -1.8965 0.0585951 .
idCHN 11.998504 3.009755 3.9865 7.934e-05 ***
idDEU 6.469065 1.136827 5.6905 2.411e-08 ***
idDNK -1.523765 1.118260 -1.3626 0.1737482
idESP 4.566718 0.809750 5.6397 3.174e-08 ***
idFIN -2.387839 1.049277 -2.2757 0.0233780 *
idFRA 4.558133 0.978566 4.6580 4.319e-06 ***
idGBR 5.171322 0.978122 5.2870 2.024e-07 ***
idIND 9.661516 2.901547 3.3298 0.0009476 ***
idISR -1.973914 0.856015 -2.3059 0.0216113 *
idITA 4.359068 0.929459 4.6899 3.726e-06 ***
idJPN 3.350964 1.567467 2.1378 0.0331206 *
idKOR -0.834160 1.575896 -0.5293 0.5968664
idNLD 1.380857 0.498564 2.7697 0.0058656 **
idNOR -4.094996 1.269397 -3.2259 0.0013560 **
idRUS 3.436938 1.463271 2.3488 0.0193066 *
idSGP -3.231893 1.105345 -2.9239 0.0036483 **
idSWE -2.279549 0.860216 -2.6500 0.0083605 **
idTWN 1.851494 0.482094 3.8405 0.0001421 ***
idUSA 8.842628 1.978427 4.4695 1.015e-05 ***
time2001 30.271288 11.833702 2.5581 0.0108836 *
time2002 30.445281 11.835779 2.5723 0.0104525 *
time2003 30.375107 11.846578 2.5640 0.0107007 *
time2004 30.572405 11.849520 2.5801 0.0102247 *
time2005 30.750284 11.850270 2.5949 0.0098003 **
time2006 31.061157 11.856289 2.6198 0.0091238 **
time2007 31.186647 11.863467 2.6288 0.0088900 **
time2008 31.406247 11.868887 2.6461 0.0084552 **
time2009 31.601679 11.873600 2.6615 0.0080841 **
time2010 31.516047 11.878884 2.6531 0.0082844 **
time2011 31.540647 11.882225 2.6544 0.0082525 **
time2012 31.400871 11.888623 2.6413 0.0085750 **
time2013 31.147170 11.891850 2.6192 0.0091396 **
time2014 31.199077 11.897748 2.6223 0.0090592 **
time2015 30.941253 11.902095 2.5996 0.0096680 **
time2016 31.187477 11.907464 2.6192 0.0091409 **
time2017 31.302447 11.913603 2.6275 0.0089245 **
time2018 31.089257 11.919887 2.6082 0.0094341 **
time2019 31.056859 11.925790 2.6042 0.0095433 **
iis21 -2.028943 0.457280 -4.4370 1.173e-05 ***
iis44 -2.306538 0.450310 -5.1221 4.655e-07 ***
iis72 1.541949 0.451035 3.4187 0.0006921 ***
iis116 -2.038790 0.473158 -4.3089 2.055e-05 ***
iis194 1.827665 0.457205 3.9975 7.589e-05 ***
iis269 -1.648687 0.457342 -3.6049 0.0003506 ***
iis382 1.283047 0.458969 2.7955 0.0054250 **
iis406 1.461673 0.455160 3.2113 0.0014251 **
iis407 1.866197 0.458523 4.0700 5.639e-05 ***
iis408 2.042803 0.465417 4.3892 1.448e-05 ***
iis409 1.647929 0.464223 3.5499 0.0004300 ***
iis410 1.475738 0.469964 3.1401 0.0018108 **
iis419 1.687943 0.455885 3.7026 0.0002425 ***
fesisAUS.2002 1.960629 0.507363 3.8643 0.0001294 ***
fesisAUS.2005 -0.984040 0.289673 -3.3971 0.0007475 ***
fesisAUT.2002 -1.178255 0.453649 -2.5973 0.0097337 **
fesisIND.2005 1.118531 0.264123 4.2349 2.824e-05 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 2.0611 1 0.15110
Ljung-Box ARCH(1) 6.5900 1 0.01026 *
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.42930
R-squared 0.93101
Log-lik.(n=475) -240.33507 0.05
Formula: ihs_count_wind~ lgdp + lpop + lbrown
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Fri Mar 22 14:30:27 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.276780 0.037023 7.4758 5.131e-13 ***
lgdp 0.888979 0.243107 3.6567 0.0002906 ***
lpop -1.898599 0.738583 -2.5706 0.0105235 *
lbrown 0.042930 0.042191 1.0175 0.3095404
idAUT 0.551140 0.720667 0.7648 0.4448759
idBEL 1.167949 0.604386 1.9325 0.0540291 .
idBRA 3.663657 1.625156 2.2543 0.0247304 *
idCAN 2.138793 0.527548 4.0542 6.078e-05 ***
idCHE -0.302266 0.756133 -0.3998 0.6895585
idCHN 6.781046 2.923783 2.3193 0.0208975 *
idDEU 5.146195 1.055095 4.8775 1.569e-06 ***
idDNK 0.134884 1.061215 0.1271 0.8989246
idESP 3.788864 0.740352 5.1177 4.872e-07 ***
idFIN -0.927887 0.985664 -0.9414 0.3470928
idFRA 3.375063 0.906928 3.7214 0.0002273 ***
idGBR 4.088203 0.903863 4.5230 8.107e-06 ***
idIND 4.317509 2.768192 1.5597 0.1196474
idISR -0.723592 0.810172 -0.8931 0.3723377
idITA 2.167881 0.931215 2.3280 0.0204235 *
idJPN 1.362207 1.560978 0.8727 0.3833853
idKOR -2.587584 1.531007 -1.6901 0.0918063 .
idNLD 1.820869 0.439194 4.1459 4.157e-05 ***
idNOR -2.482334 1.201091 -2.0667 0.0394206 *
idRUS 0.667328 1.397222 0.4776 0.6331958
idSGP -1.498698 1.040480 -1.4404 0.1505614
idSWE -1.192026 0.811360 -1.4692 0.1425947
idTWN 1.700992 0.419165 4.0581 5.983e-05 ***
idUSA 5.848409 1.870404 3.1268 0.0019000 **
time2001 7.157739 11.381098 0.6289 0.5297741
time2002 7.256265 11.384777 0.6374 0.5242617
time2003 7.367470 11.392910 0.6467 0.5182260
time2004 7.434302 11.399497 0.6522 0.5146828
time2005 7.604198 11.403365 0.6668 0.5052709
time2006 7.961619 11.411029 0.6977 0.4857738
time2007 8.162290 11.414811 0.7151 0.4750001
time2008 8.336777 11.418331 0.7301 0.4657549
time2009 8.586834 11.419876 0.7519 0.4525538
time2010 8.535505 11.424376 0.7471 0.4554359
time2011 8.563020 11.427702 0.7493 0.4541165
time2012 8.423770 11.433637 0.7368 0.4617165
time2013 8.157699 11.437171 0.7133 0.4761114
time2014 8.166841 11.443423 0.7137 0.4758585
time2015 7.941323 11.445218 0.6939 0.4881872
time2016 8.086957 11.453258 0.7061 0.4805588
time2017 8.273268 11.455103 0.7222 0.4705844
time2018 7.955937 11.461774 0.6941 0.4880163
time2019 7.972250 11.466459 0.6953 0.4873032
iis2 0.999387 0.426057 2.3457 0.0194946 *
iis17 -1.049404 0.394642 -2.6591 0.0081578 **
iis20 1.204058 0.390914 3.0801 0.0022163 **
iis21 -1.910603 0.393618 -4.8540 1.755e-06 ***
iis26 -1.123713 0.388394 -2.8932 0.0040275 **
iis41 -1.428834 0.413432 -3.4560 0.0006086 ***
iis44 -2.700044 0.412838 -6.5402 1.936e-10 ***
iis56 1.321591 0.394682 3.3485 0.0008918 ***
iis57 -0.871963 0.398084 -2.1904 0.0290883 *
iis72 1.210405 0.422788 2.8629 0.0044248 **
iis101 -1.337610 0.387200 -3.4546 0.0006118 ***
iis194 1.517028 0.397348 3.8179 0.0001566 ***
iis197 -1.119082 0.391702 -2.8570 0.0045067 **
iis269 -1.713874 0.395464 -4.3338 1.868e-05 ***
iis272 0.821783 0.392784 2.0922 0.0370683 *
iis281 -1.420156 0.402445 -3.5288 0.0004673 ***
iis382 1.283770 0.395309 3.2475 0.0012652 **
iis406 1.434857 0.391601 3.6641 0.0002826 ***
iis407 2.067039 0.393851 5.2483 2.530e-07 ***
iis408 2.132636 0.400476 5.3252 1.709e-07 ***
iis409 1.768486 0.399192 4.4302 1.226e-05 ***
iis410 1.472736 0.405193 3.6347 0.0003157 ***
iis419 1.408889 0.403281 3.4936 0.0005314 ***
iis437 -0.973866 0.397080 -2.4526 0.0146223 *
fesisAUS.2002 1.439943 0.412611 3.4898 0.0005387 ***
fesisAUS.2009 -0.763354 0.209124 -3.6502 0.0002978 ***
fesisBEL.2008 -0.533479 0.208691 -2.5563 0.0109580 *
fesisBRA.2008 -0.617302 0.207215 -2.9790 0.0030729 **
fesisBRA.2015 0.651192 0.243345 2.6760 0.0077654 **
fesisCHN.2002 -1.655823 0.462394 -3.5810 0.0003857 ***
fesisCHN.2004 1.834830 0.322622 5.6872 2.540e-08 ***
fesisFIN.2004 0.486861 0.244721 1.9895 0.0473513 *
fesisIND.2005 0.693942 0.299115 2.3200 0.0208587 *
fesisIND.2008 0.534068 0.261679 2.0409 0.0419328 *
fesisISR.2017 -1.003618 0.254638 -3.9414 9.606e-05 ***
fesisITA.2002 1.072448 0.390294 2.7478 0.0062790 **
fesisJPN.2004 -0.712224 0.243043 -2.9304 0.0035845 **
fesisNOR.2019 1.019685 0.388214 2.6266 0.0089647 **
fesisSWE.2010 -0.467013 0.186058 -2.5100 0.0124771 *
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.68481 1 0.40793
Ljung-Box ARCH(1) 4.93562 1 0.02631 *
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.36774
R-squared 0.95209
Log-lik.(n=475) -155.81188 Max Count Wind
0.01
Formula: max_count_wind~ lgdp + lpop + lbrown
top_25 (2000:2019); p.value: 0.01; AR: 1
Date: Fri Mar 22 14:31:36 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.7373440 0.0172958 42.6313 < 2.2e-16 ***
lgdp 0.0337842 0.0116437 2.9015 0.0039191 **
lpop -0.1052489 0.0401079 -2.6241 0.0090192 **
lbrown 0.0039854 0.0022267 1.7898 0.0742385 .
idAUT -0.0478567 0.0361227 -1.3248 0.1859811
idBEL -0.0282405 0.0273156 -1.0339 0.3018261
idBRA 0.1959821 0.0846155 2.3161 0.0210549 *
idCAN 0.0386105 0.0195920 1.9707 0.0494437 *
idCHE -0.0775074 0.0388641 -1.9943 0.0467955 *
idCHN 0.3558193 0.1538984 2.3120 0.0212826 *
idDEU 0.1798391 0.0556025 3.2344 0.0013204 **
idDNK -0.1169165 0.0564972 -2.0694 0.0391481 *
idESP 0.1125198 0.0326608 3.4451 0.0006312 ***
idFIN -0.0869004 0.0525536 -1.6536 0.0990022 .
idFRA 0.1040187 0.0438154 2.3740 0.0180668 *
idGBR 0.1314715 0.0435242 3.0207 0.0026842 **
idIND 0.2944048 0.1491008 1.9745 0.0490083 *
idISR -0.0935859 0.0412858 -2.2668 0.0239367 *
idITA 0.1031935 0.0405267 2.5463 0.0112609 *
idJPN 0.0379628 0.0746427 0.5086 0.6113181
idKOR -0.1263679 0.0701997 -1.8001 0.0725952 .
idNLD 0.0059799 0.0146799 0.4074 0.6839648
idNOR -0.1834675 0.0632803 -2.8993 0.0039463 **
idRUS 0.0584541 0.0699789 0.8353 0.4040414
idSGP -0.1022352 0.0555932 -1.8390 0.0666581 .
idSWE -0.1206653 0.0396083 -3.0465 0.0024689 **
idTWN 0.0272281 0.0100666 2.7048 0.0071267 **
idUSA 0.2362562 0.0999148 2.3646 0.0185274 *
time2001 0.8217162 0.6184485 1.3287 0.1847132
time2002 0.8176988 0.6186820 1.3217 0.1870306
time2003 0.8205292 0.6189300 1.3257 0.1856884
time2004 0.8192842 0.6192453 1.3230 0.1865790
time2005 0.8207471 0.6194859 1.3249 0.1859659
time2006 0.8315142 0.6198535 1.3415 0.1805293
time2007 0.8298895 0.6202084 1.3381 0.1816300
time2008 0.8409026 0.6205642 1.3551 0.1761627
time2009 0.8489395 0.6209517 1.3672 0.1723433
time2010 0.8361182 0.6213117 1.3457 0.1791517
time2011 0.8416713 0.6216512 1.3539 0.1765237
time2012 0.8199408 0.6218841 1.3185 0.1880980
time2013 0.8181231 0.6220710 1.3152 0.1892094
time2014 0.8224550 0.6223401 1.3216 0.1870726
time2015 0.8213336 0.6225762 1.3192 0.1878403
time2016 0.8255424 0.6229728 1.3252 0.1858725
time2017 0.8358055 0.6232592 1.3410 0.1806737
time2018 0.8175153 0.6235427 1.3111 0.1905823
time2019 0.8271317 0.6237917 1.3260 0.1856049
iis141 0.0763562 0.0250443 3.0488 0.0024499 **
iis143 0.2608597 0.0249685 10.4476 < 2.2e-16 ***
iis146 -0.1874050 0.0265958 -7.0464 8.082e-12 ***
iis149 0.1432720 0.0263043 5.4467 8.979e-08 ***
iis151 0.1229393 0.0263127 4.6722 4.076e-06 ***
iis152 -0.1011439 0.0264195 -3.8284 0.0001497 ***
iis160 0.0823936 0.0264863 3.1108 0.0019995 **
iis162 0.1286495 0.0263769 4.8774 1.555e-06 ***
iis164 -0.1039296 0.0266080 -3.9060 0.0001102 ***
iis165 -0.1141005 0.0263671 -4.3274 1.909e-05 ***
iis168 0.1212015 0.0262924 4.6098 5.431e-06 ***
iis170 0.2104510 0.0323034 6.5148 2.190e-10 ***
iis314 0.1559988 0.0236063 6.6083 1.243e-10 ***
iis463 0.2839995 0.0241292 11.7699 < 2.2e-16 ***
iis464 0.2268188 0.0244907 9.2614 < 2.2e-16 ***
iis465 0.3831173 0.0249547 15.3525 < 2.2e-16 ***
iis466 0.2042251 0.0265498 7.6922 1.138e-13 ***
iis469 0.2809344 0.0322374 8.7145 < 2.2e-16 ***
iis473 0.2208166 0.0279000 7.9146 2.463e-14 ***
fesisDEU.2006 0.0935870 0.0152010 6.1566 1.809e-09 ***
fesisDEU.2013 -0.0489303 0.0167757 -2.9167 0.0037365 **
fesisDNK.2007 0.1513386 0.0174167 8.6893 < 2.2e-16 ***
fesisDNK.2012 -0.0733187 0.0186141 -3.9389 9.658e-05 ***
fesisDNK.2018 -0.0734285 0.0265262 -2.7681 0.0058997 **
fesisJPN.2016 -0.0525204 0.0132820 -3.9542 9.079e-05 ***
fesisUSA.2013 -0.0819870 0.0250881 -3.2680 0.0011768 **
fesisUSA.2015 0.1049136 0.0281643 3.7251 0.0002233 ***
fesisUSA.2017 -0.0618875 0.0228079 -2.7134 0.0069470 **
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.96806 1 0.3252
Ljung-Box ARCH(1) 57.96258 1 2.676e-14 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.02227
R-squared 0.98574
Log-lik.(n=475) 1170.63294 0.05
Formula: max_count_wind~ lgdp + lpop + lbrown
top_25 (2000:2019); p.value: 0.05; AR: 1
Date: Fri Mar 22 14:31:36 2024
Dependent var.: y
Method: Ordinary Least Squares (OLS)
Variance-Covariance: Ordinary
No. of observations (mean eq.): 475
Sample: 1 to 475
SPECIFIC mean equation:
coef std.error t-stat p-value
ar1 0.7324940 0.0164319 44.5777 < 2.2e-16 ***
lgdp 0.0392984 0.0110410 3.5593 0.0004169 ***
lpop -0.1116771 0.0380148 -2.9377 0.0034996 **
lbrown 0.0027834 0.0021019 1.3242 0.1861950
idAUT -0.0449459 0.0344997 -1.3028 0.1934032
idBEL -0.0247499 0.0261114 -0.9479 0.3437799
idBRA 0.2063101 0.0803522 2.5676 0.0106074 *
idCAN 0.0437750 0.0185713 2.3571 0.0189025 *
idCHE -0.0786612 0.0369883 -2.1267 0.0340668 *
idCHN 0.3679830 0.1464245 2.5131 0.0123629 *
idDEU 0.2001678 0.0529864 3.7777 0.0001826 ***
idDNK -0.1274540 0.0534961 -2.3825 0.0176671 *
idESP 0.1147437 0.0310658 3.6936 0.0002522 ***
idFIN -0.0834400 0.0501374 -1.6642 0.0968577 .
idFRA 0.1131376 0.0415739 2.7214 0.0067883 **
idGBR 0.1413281 0.0412199 3.4286 0.0006703 ***
idIND 0.2998228 0.1420292 2.1110 0.0353991 *
idISR -0.0987292 0.0392117 -2.5179 0.0122009 *
idITA 0.1111015 0.0384126 2.8923 0.0040351 **
idJPN 0.0104495 0.0725417 0.1440 0.8855358
idKOR -0.1554530 0.0670877 -2.3172 0.0210043 *
idNLD 0.0106694 0.0139839 0.7630 0.4459281
idNOR -0.1941012 0.0598552 -3.2428 0.0012837 **
idRUS 0.0516001 0.0670615 0.7694 0.4420885
idSGP -0.1029550 0.0529747 -1.9435 0.0526672 .
idSWE -0.1302606 0.0374029 -3.4826 0.0005519 ***
idTWN 0.0302601 0.0094728 3.1944 0.0015133 **
idUSA 0.2530775 0.0950405 2.6628 0.0080644 **
time2001 0.7780853 0.5912526 1.3160 0.1889371
time2002 0.7742566 0.5914767 1.3090 0.1912856
time2003 0.7769483 0.5917129 1.3130 0.1899266
time2004 0.7754369 0.5920132 1.3098 0.1910126
time2005 0.7791160 0.5922801 1.3155 0.1891192
time2006 0.7879714 0.5926209 1.3296 0.1844029
time2007 0.7865278 0.5929667 1.3264 0.1854623
time2008 0.7980898 0.5932843 1.3452 0.1793284
time2009 0.8061267 0.5936310 1.3580 0.1752499
time2010 0.7930108 0.5940015 1.3350 0.1826329
time2011 0.7937087 0.5943326 1.3355 0.1824922
time2012 0.7718633 0.5945710 1.2982 0.1949793
time2013 0.7748560 0.5948465 1.3026 0.1934632
time2014 0.7789538 0.5951156 1.3089 0.1913233
time2015 0.7786033 0.5953493 1.3078 0.1916967
time2016 0.7830178 0.5956733 1.3145 0.1894358
time2017 0.7922794 0.5959438 1.3295 0.1844638
time2018 0.7765535 0.5962194 1.3025 0.1935153
time2019 0.7830064 0.5964564 1.3128 0.1900228
iis138 -0.0528649 0.0238435 -2.2172 0.0271794 *
iis141 0.0734445 0.0234911 3.1265 0.0018997 **
iis143 0.2589375 0.0234073 11.0623 < 2.2e-16 ***
iis146 -0.1856356 0.0249450 -7.4418 6.240e-13 ***
iis149 0.1424496 0.0246615 5.7762 1.547e-08 ***
iis151 0.1201979 0.0246827 4.8697 1.618e-06 ***
iis152 -0.1004262 0.0247697 -4.0544 6.053e-05 ***
iis160 0.0784430 0.0248396 3.1580 0.0017104 **
iis162 0.1281513 0.0247270 5.1826 3.494e-07 ***
iis164 -0.0974925 0.0249667 -3.9049 0.0001108 ***
iis165 -0.1127096 0.0247208 -4.5593 6.850e-06 ***
iis168 0.1199792 0.0246478 4.8677 1.633e-06 ***
iis170 0.2060804 0.0303009 6.8011 3.842e-11 ***
iis314 0.1343095 0.0234856 5.7188 2.116e-08 ***
iis322 -0.0622281 0.0246563 -2.5238 0.0119990 *
iis463 0.2777594 0.0223846 12.4085 < 2.2e-16 ***
iis464 0.2214589 0.0226331 9.7848 < 2.2e-16 ***
iis465 0.3788242 0.0230326 16.4473 < 2.2e-16 ***
iis466 0.2015985 0.0245040 8.2272 2.791e-15 ***
iis469 0.1957072 0.0228181 8.5768 2.229e-16 ***
iis470 -0.0845614 0.0231893 -3.6466 0.0003012 ***
iis473 0.2222291 0.0261601 8.4950 4.054e-16 ***
fesisDEU.2006 0.0866912 0.0151151 5.7354 1.934e-08 ***
fesisDEU.2013 -0.0516381 0.0157486 -3.2789 0.0011343 **
fesisDNK.2007 0.1558969 0.0163917 9.5107 < 2.2e-16 ***
fesisDNK.2012 -0.0744111 0.0174596 -4.2619 2.536e-05 ***
fesisDNK.2018 -0.0721418 0.0248706 -2.9007 0.0039311 **
fesisESP.2011 0.0985853 0.0166633 5.9163 7.129e-09 ***
fesisESP.2013 -0.1103661 0.0172837 -6.3856 4.789e-10 ***
fesisJPN.2010 0.0330284 0.0124446 2.6540 0.0082741 **
fesisJPN.2016 -0.0591778 0.0156741 -3.7755 0.0001841 ***
fesisUSA.2017 -0.0454999 0.0167585 -2.7150 0.0069168 **
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Diagnostics and fit:
Chi-sq df p-value
Ljung-Box AR(1) 0.13402 1 0.7143
Ljung-Box ARCH(1) 38.52404 1 5.408e-10 ***
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
SE of regression 0.02088
R-squared 0.98759
Log-lik.(n=475) 1203.33663